# Innovation Beat: Mass. unveils plan to improve EV charging. Is it moving fast enough?

**Aaron Pressman**  
**and**  
**The Boston Globe**  
**December 8, 2023**

## Table of Contents

💡 Energy storage startup [**Malta**](https://www.maltainc.com/) in Cambridge raised [**$22 million**](https://www.sec.gov/Archives/edgar/data/1748978/000174897823000001/xslFormDX01/primary_doc.xml) of $75 million it is seeking in equity financing, according to a securities filing. The company said investors [**included**](https://www.businesswire.com/news/home/20231129475695/en/Malta-Closes-Funding-to-Deploy-Its-Long-Duration-Energy-Storage-System) Siemens Energy Ventures and Alfa Laval.

🧬 Life sciences software company [**Ketryx**](/content/site-root.html) in Boston raised [**$14 million**](https://prnmedia.prnewswire.com/news-releases/ketryx-raises-14m-in-series-a-funding-led-by-lightspeed-venture-partners-302005431.html) in a deal led by Lightspeed Venture Partners and also including MIT's E14 Fund and Ubiquity Ventures.

⚒️ Online construction equipment seller [**Machinery Partner**](https://www.machinerypartner.com/) in Boston raised [**$11 million**](https://www.businesswire.com/news/home/20231205074527/en/Machinery-Partner-Raises-11M-to-Serve-the-Builders-of-America) in a deal led by Armory Square Ventures and joined by Pritzker Group.

💸 Crypto startup [**Panoptic**](https://panoptic.xyz/) in Brookline raised [**$7 million**](https://www.eqs-news.com/news/corporate/advanced-blockchain-portfolio-company-panoptic-closes-7-million-new-financing-round-and-unveils-multiple-new-product-advancements-prior-to-ethereum-mainnet-launch/1943657) in a deal led by Greenfield Capital.

🎥 AI video editing startup [**Ozone**](https://www.ozone.pro/) in Boston raised [**$7 million**](https://www.ozone.pro/blog/ozone-launches-next-gen-video-editor-with-over-7-million-in-funding) from investors including Y Combinator, NEA, General Catalyst, and Bluewatch Ventures.

### Interview transcript

**Aaron Pressman**