Addionics Closes $27 Million Series A Funding Round To Scale Up Development Of Next-Generation Batteries With Smart 3D Electrodes
Amount Raised
$27 Million
Round Type
Series A
Tel AvivSustainabilitySoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceDescription
Addionics, a chemistry-agnostic battery technology company, today announced it has raised $27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart 3D Electrodes, which improves the cost and performance of batteries with any chemistry – existing or emerging. The funding round was led by Deep Insight, a deep tech investment firm founded and backed by Jeff Horing, the founder of Insight Partners, together with Catalyst Fund, Delek Motors and Dr. Boaz Schwartz. Additional investments include strategic and financial support from Novelis, Magna International, JX Nippon Mining & Metals, Union Tech Ventures, 8090 Partners, GiTV, Talcar Corporation, Bridges Israel impact investment fund, Doral Energy Tech Ventures (Doral Energy CVC), and Dr
Quick answer
Addionics raised $27 Million in a Series A round, dated January 25, 2022. Addionics is based in Tel Aviv, Tel Aviv District, Israel.
- How much did Addionics raise?
- Addionics raised $27 Million in a Series A round on January 25, 2022.
- What does Addionics do?
- Addionics is creating the next step change in batteries for electric vehicles by transforming battery architecture with Smart 3D Electrodes.
- Where is Addionics based and how big is it?
- Addionics is based in Tel Aviv, Tel Aviv District, Israel.
- Who are the decision-makers at Addionics?
- Fundz holds 1 contact at Addionics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Data And Analytics around the same time
Companies in the same sectors as Addionics that raised within 45 days of this round, from Fundz verified event records.
- 6 Estates raised $6.2M (Series B) on February 21, 2022.
- PassiveLogic raised $34M (Funding Round) on January 11, 2022.
- TealBook raised $50M (Series B) on December 14, 2021.
- Autobrains raised $19M (Series C) on March 10, 2022.
- Maverick Medical AI raised $5M (Seed) on March 7, 2022.
- Inworld AI raised an undisclosed amount on March 4, 2022.
Who to call at Addionics, and when
A new round usually means Addionics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Addionics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Addionics, from your own LinkedIn network
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Funding Insights
What this usually meansAddionics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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