LION Smart GmbH (“LION Smart” or the “Company”), tester and developer of lithium-ion batteries for automotive applications, has successfully finished its start-up phase.

A freshly built lab has enabled lithium-ion battery tester and developer LION Smart to begin testing electric storage devices. Outfitted with the latest equipment, the new lab has 8 test channels, which means its scientists can design testing procedures with utmost flexibility.

Lithium-ion battery tester and developer LION Smart has closed its first private placement. The new financing boosts company equity and includes an injection of capital from an outside investor.