GM leads Peak Energy’s $108 million funding round

General Motors led a $108 million funding round for battery startup Peak Energy, according to a Techub report citing Tech in Asia. The financing comes after GM and Peak Energy announced a partnership in June aimed at expanding the supply of sodium-ion batteries. The update links the new capital raise directly to that recently disclosed commercial relationship, with Peak Energy positioned as the startup at the center of the deal and GM as the lead investor in the round. No additional financing details were disclosed in the brief report.