WOBURN, Mass., September 24, 2018-- Lionano, a developer and manufacturer of advanced battery energy storage technologies, today announced the completion of a $22 million Series B financing round led by WAVE Equity Partners, Helios Capital Ventures and NXT Ventures. Lionano will use the funds to scale up commercial production and global deployment of its high-performance, high-quality cathode materials – a drop-in technology that significantly improves the key performance metrics of lithium-ion batteries for applications in electric vehicles and consumer electronics. Lionano’s technology has been scientifically validated to increase the energy density of rechargeable lithium-ion batteries.