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Anaphite secures £1.4M in Series A funding to advance its Dry Coating Programme, led by Elbow Beach and World Fund.
Amount Raised
£1.4 Million
Round Type
series a
BristolInvestors
Description
Anaphite has successfully raised £1.4 million in Series A funding to develop its Dry Coating Precursor technology. The investment includes £700,000 from Innovate UK’s Battery Innovation programme and £700,000 from climate-focused venture capital firms. This funding will help expand the company’s technology platform for efficient battery manufacturing. Anaphite aims to address the high demand for dry coated lithium iron phosphate cathodes in the battery industry.
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