Faradion
Company

Last deal

$4M
Local Amount - GBP 3.2M

Amount

Series B

Stage

20.01.2017

Date

2

all rounds

$4M

Total amount

General

About Company
Faradion develops low-cost, high-performance battery materials using sodium-ion technology.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company's non-aqueous sodium-ion cell technology offers affordable and clean energy solutions for transportation, storage, backup power, and remote locations. These materials are manufactured using sustainable and abundant sodium salts, making them more environmentally friendly than lithium-ion batteries. Faradion's technology enables the introduction of emerging technologies such as stationary storage and electric vehicles, and the company has a team of experienced battery industry experts based in Sheffield.
Contacts