Diligence memo · auto-generated · as of July 2, 2026
AM Batteries, Inc.
AM Batteries, Inc. has raised $74M over 4 rounds; too few niche peers to rank its valuation yet.
Businessfiled
AM Batteries, Inc. operates in Energy / Climate, based in BILLERICA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
AM Batteries, Inc. has raised $74M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $44M on 2023-10-26.
Most recent recorded round closed around 2023-10-26.
Valuation (modeled)modeled
Provath models AM Batteries, Inc. at approximately $344M (range $158M–$574M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 2.7 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 1.6× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 96% of Energy / Climate peers (235 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: LevelTen Energy, Inc..
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.