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LORILLION secures multi-million-euro investment from SubSea Craft, acquiring a 40% stake. The funding will enhance LORILLION's battery technology development.

PRIVATEAug 14, 20262 days ago

Amount Raised

€1 Million

Round Type

Seed

CoventryManufacturingEnergy

Investors

Sub Sea Craft

Description

LORILLION, a Coventry-based engineering firm, has secured a multi-million-euro investment from SubSea Craft. This investment aims to strengthen the UK’s capability to design and manufacture specialist battery systems. LORILLION will use the capital to expand its engineering team and accelerate proprietary technology development. The funding is a significant step for both LORILLION and the UK's battery systems sector.

Company Information

Company

LORILLION

Location

Coventry, England, United Kingdom

About

LORILLION is a Coventry-based engineering and R&D company that specializes in bespoke electrification solutions and clean-energy technologies. Founded in 2023, LORILLION provides battery development services across the defense, marine, aerospace, and automotive sectors, focusing on the rapid development of bespoke battery systems for demanding applications. It offers turnkey services from concept development to certified production, aiming to strengthen the UK’s capability in advanced battery systems.

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