TUCSON, Ariz.--( BUSINESS WIRE )-- Sion Power Corporation, a leading technology developer of next-generation batteries for electric vehicles (EV), announces today that it has secured $75 million in Series A funding. The round was led by leading global battery manufacturer LG Energy Solution (the investment to be executed through LG Technology Ventures and Bricks Capital Management) and repeat participation from mathematician Jim Simons' Euclidean Capital. The company also secured new investment from former Google CEO, Eric Schmidt's Hillspire LLC. New board members include experienced automotive executive Stefan Jacoby, Stanford professor, entrepreneur and Managing Partner at Innovation Endeavors, Scott Brady, Robert McIntyre, Managing Director of LG Technology Ventures, and Hansol Kim, Managing Partner of Bricks Capital Management.