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Avery Dennison has backed Addionics in a Series B round to support manufacturing scale and commercialisation.
"We are creating a mutually beneficial partnership. The investment will enable Addionics to accelerate the development and commercialization of its unique technology for current collectors. Our process know-how, materials science knowledge and global reach complement Addionics’ novel technology and entrepreneurial spirit. Equally important, the partnership contributes to advancing sustainability."