HEST Investments—a Dallas-based venture capital family office known for its commitment to disruptive ventures—announced a recent investment in Valerion, a battery technology company based at the University of Michigan. This funding, which was finalized in June 2024, marks a notable moment in HEST Investments’ ongoing mission to drive transformative change in science and technology.
Valerion is at the forefront of transforming the battery industry with technology that makes batteries more efficient, longer lasting, and cost-effective. The newly secured funding will be utilized to conduct further testing and development of Valerion’s groundbreaking battery technology, which has the potential to reshape the landscape of electric vehicles (EVs) and all battery-operated technology.
HEST Investments’ portfolio spans life sciences, biotech, and technology, with a particular focus on identifying and supporting companies that challenge conventional wisdom and have the potential to drive significant change in their industries. And the firm’s investment in Valerion emphasizes its dedication to fostering the growth of visionary companies poised to make an impact to the way we view the world.
As Valerion continues innovating and pushing the boundaries of battery technology, HEST Investments remains committed to backing transformative ventures that are set to shape the future.
KEY QUOTES:
“We are excited to support Valerion in their journey to redefine the future of battery technology. At HEST, our mission is to see beyond the obvious, and Valerion’s innovative approach to energy storage perfectly aligns with our vision of investing in technologies that have the power to change the world.”
-Don Huffines, CEO of HEST Investments
“This investment comes at a critical time as we advance our technology towards commercialization. HEST Investments not only provides the capital we need to push our development forward but also offers a partnership grounded in a shared vision for sustainable and impactful innovation.”
-Jim Graham, CEO of Valerion
