Echion Technologies raises £29 million in Series B investment round led by Volta Energy Technologies

Jun 13, 2024•about 1 year ago

Amount Raised

£29 Million

Round Type

series b

CambridgeRenewable EnergyManufacturing

Investors

Cambridge Enterprise VenturesBgfCbmmVolta Energy Technologies

Description

Cambridge-based Echion Technologies has raised £29 million in a Series B investment round. The funding will enable Echion to execute its go-to-market strategy and see its innovative niobium-based XNO® anode material utilized in real-world applications at volume.

Company Information

Company

Echion Technologies

Location

Cambridge, England, United Kingdom

About

Echion Technologies Ltd is a Cambridge (UK)-based spin-out company from the University of Cambridge with expertise on high power anode materials for Li-ion batteries. Ground-breaking multi-disciplinary research lead to the development of new battery materials whose manufacture can be easily scaled to industrial levels. These foundations enabled us to become a world-leading innovator in commercial battery electrode materials.

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