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.
Amount Raised
€15 Million
Round Type
Series A
Investors
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.
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Funding Insights
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