2 years ago

Allotrope Energy Charges Up with £5.3M Seed Round for Tree Pulp Batteries

  • UK-based energy startup Allotrope Energy has raised £5.3 million in a seed round led by Suzano, a hardwood pulp producer

  • Allotrope develops fast-charging batteries made from tree pulp, aiming to provide a sustainable alternative for various industries

  • The funding will be used to further develop and scale their battery technology.

      • ProblemEnergy

      "Develop sustainable battery technology that does not require rare materials, such as cobalt and nickel, to support the transition to zero-emission mobility"

      Solution

      "Developing fast-charging batteries made from carbon extracted from tree pulp, which is sourced sustainably from Suzano, a hardwood pulp producer, and harnessing the natural resource to create a circular and regenerative economy"

      Covered on