Latka logo

Valuation

$1.3B

2025 Revenue

$22.8M

Funding

$160.8M

Team

133

How 24M Technology CEO Naoki Ota grew 24M Technology to $22.8M revenue with a 133 person team in 2025.

24M aims to change battery making, tackling cost, safety, and sustainability issues. They develop energy storage systems for grid and transportation applications using innovative battery manufacturing techniques.

Last updated

24M Technology Revenue

In 2025, 24M Technology's revenue reached $22.8M. Since its launch, 24M Technology has shown consistent revenue growth.

24M Technology Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M2025$23MSource: GetLatka.com
YearMilestone
202524M Technology Hit $22.8m revenue in November 2025

24M Technology Valuation, Funding Rounds

24M Technology reached a $1.3B valuation in 2024, set during its Series H round.

24M Technology has raised $160.8M in total funding across 5 rounds, most recently a $87M Series H round in 2024.

24M Technology Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$300M$600M$900M$1B$2B20122014201620182020202220242012 cumulative: $10M • 2012 Series A: $10M2021 cumulative: $67M • 2012 Series A: $10M • 2021 Series E: $57M2023 cumulative: $70M • 2012 Series A: $10M • 2021 Series E: $57M • 2023 Venture Round: $3M2023 cumulative: $74M • 2012 Series A: $10M • 2021 Series E: $57M • 2023 Venture Round: $3M • 2023 Grant: $4M2024 cumulative: $161M • 2012 Series A: $10M • 2021 Series E: $57M • 2023 Venture Round: $3M • 2023 Grant: $4M • 2024 Series H: $87M @ $1B valuation$161M2024 Series H: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2024Series H$87M$1.3B7%
2023Grant$3.8M--
2023Venture Round$3.2M--
2021Series E$56.8M--
2012Series A$10M--

24M Technology Employees & Team Size

24M Technology employs approximately 133 people as of 2026.

24M Technology has 133 total employees in different roles and functions.

24M Technology Team GrowthReported headcount over time03060901201502025133133Source: GetLatka.com
YearMilestone
2025Reached 133 employees (November 2025)

Founder / CEO

Naoki Ota

Naoki Ota is listed as Founder / CEO at 24M Technology.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for 24M Technology yet.

Frequently Asked Questions about 24M Technology

What is 24M Technology's revenue?

24M Technology generates $22.8M in revenue.

Who founded 24M Technology?

24M Technology was founded by Naoki Ota.

Who is the CEO of 24M Technology?

The CEO of 24M Technology is Naoki Ota.

How much funding does 24M Technology have?

24M Technology raised $160.8M.

How many employees does 24M Technology have?

24M Technology has 133 employees.

Where is 24M Technology headquarters?

24M Technology is headquartered in Cambridge, United States.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

24M Technology Revenue 2025: $22.8M ARR, $1.3B Valuation