4 years ago

Echion Technologies Secures £10 Million to Advance Lithium-Ion Battery Technology

  • Cambridge-based Echion Technologies, a developer of next-generation materials for Lithium-Ion batteries, has raised £10 million in a Series A funding round

  • The investment was led by CBMM and BGF, with participation from the University of Cambridge, Origin Capital, and existing shareholders

  • The funding will enable Echion to scale up material production, support customer trials, and expand commercial and R&D operations

  • The company's materials offer fast-charging, cost-effectiveness, and high energy density, aiming to contribute to global decarbonisation efforts.

      • ProblemTechnology

      "making electric vehicles charge faster and last longer"

      Solution

      "Echion Technologies develops next-generation materials for Lithium-Ion batteries that enable faster charging and longer battery life."

      Covered on