Fundz

theion has successfully secured €15 million in a Series-A funding round led by Team Global. The funding aims to accelerate the development of their next-generation crystal sulfur batteries.

PRIVATEMar 20, 2025

Amount Raised

€15 Million

Round Type

Series A

BerlinManufacturingEnergyRenewable Energy

Investors

Geschwister Oetker BeteiligungenEnpalTeam Global

Description

theion, a developer of sulfur battery technology, has announced the successful closing of a €15 million Series-A funding round to help accelerate the development of its next-generation crystal sulfur batteries. The investment was led by Team Global, with participation from Geschwister Oetker Beteiligungen and Enpal. This funding is seen as essential for strengthening Europe’s position in the battery market by offering a sustainable alternative to lithium-ion technology. The crystal sulfur battery developed by theion is touted as a breakthrough in energy storage, promising higher energy density and reduced costs.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as theion that raised within 45 days of this round, from Fundz verified event records.

  • Queens Carbon raised $10M (Seed) on April 30, 2025.
  • Salzstrom raised $1M (Pre-Seed) on April 17, 2025.
  • Jupiter International raised $58M on April 15, 2025.
  • Mainspring Energy raised $258M (Series F) on April 14, 2025.
  • Zero Industrial raised $10M (Series A) on April 7, 2025.
  • Electra Battery Materials Corporation raised $1.6M on April 4, 2025.

Who to call at theion, and when

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Company Information

Company

theion

Location

Berlin, Berlin, Germany

About

theion is a developer of innovative sulfur battery technology aimed at revolutionizing energy storage. Their crystal sulfur batteries offer a sustainable alternative to lithium-ion technology, featuring three times higher energy density and significantly lower costs. The company’s proprietary technology enhances cycle life and sustainability, positioning Europe as a leader in energy storage. With a focus on electric aviation, electric vehicles, and stationary energy storage, theion addresses critical challenges in the renewable energy sector.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

theion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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