Bristol battery startup Anaphite scoops £1.6m

Anaphite secures £1.6M for proprietary dry coating battery technology

Bristol-based battery technology startup Anaphite has raised nearly £1.6 million in funding, including a government grant and private sector investment. The funding will support the development of their "dry-coating" technology, which aims to reduce the cost and environmental impact of EV battery manufacturing.  The investment includes over £880,000 from previous backers and £685,000 from Innovate UK. Elbow Beach Capital led the private sector investment as part of Anaphite's ongoing Series A funding round.

Anaphite Secures £1.6 Million to Advance Sustainable EV Battery Technology

Anaphite is a Bristol-based battery technology startup developing a "dry-coating" technology to reduce the cost of electric vehicle (EV) battery manufacturing. Their method aims to make EV production cheaper and more sustainable by eliminating the need for drying ovens in the battery cell manufacturing process, potentially reducing costs by up to 40% and lowering the carbon footprint. They utilize a blend of powders, including graphene, for the battery coating and are targeting a 2028 commercial rollout into EVs.

Anaphite is a battery technology startup developing a "dry-coating" technology to reduce the cost of electric vehicle battery manufacturing.

a year ago

Anaphite Secures £1.6 Million to Advance Sustainable EV Battery Technology

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