This company backed by Microsoft co-founder Bill Gates has filed for bankruptcy

Ambri Inc, known for liquid metal battery tech, files bankruptcy due to funding issues. Noteholders may acquire through debt conversion. Focus on large battery packs for utilities and industrial users.

Ambri Inc, a company that spent 14 years developing a large-scale battery technology, has filed for bankruptcy. The company cited difficulties securing sufficient funding to complete construction of their battery factory in Massachusetts.