Seeo Gets $17 Million Venture Round for Batteries Led by Samsung

Dec. 9 (Bloomberg) — Seeo Inc., a battery maker backed by
billionaire Vinod Khosla, got a $17 million round of financing
led by Samsung Group’s venture capital arm.

Seeo will use the funding from Samsung Ventures to continue
to develop its lightweight lithium-polymer battery technology,
the Hayward, California-based company said in an e-mailed
statement today. Existing investors Khosla Venture and GSR
Ventures also joined in the funding.

The addition of Samsung will strengthen the company’s
“ability to deliver the next generation of advanced
batteries,” Seeo Chief Executive Officer Hal Zarem said in the

To contact the reporter on this story:
Ehren Goossens in New York at

To contact the editors responsible for this story:
Reed Landberg at
Tina Davis, Will Wade

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