BMW i Ventures is announcing it has co-led an $11 million seed funding round in Estes Energy Solutions , a California-based materials and manufacturing firm looking to forge a new path in EV battery technology. This round of funding puts more than $20 million in Estes Energy Solutions' coffers, which BMW says will "help Estes complete development of its chemistry-agnostic battery pack platform and establish domestic manufacturing capacity."

The seed funding round also saw participation from Fortescue Ventures and New Systems Ventures, as well as DCVC, an early investor in Estes Energy Solutions. The startup also lists Baukunst, Rally Cap Ventures, Gigascale Capital, and Clocktower Ventures as investors in the company.

What Estes Energy Solutions does

Estes Energy Solutions plans to

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