Last deal

Amount

Series F

Stage

17.11.2016

Date

8

all rounds

$182.3M

Total amount

General

About Company
Aquion Energy makes sodium ion batteries and energy storage systems that change the economics of power generation.

Industry

Sector :

Subsector :

Keywords :

Also Known As

44 Tech

founded date

01.01.2007

Number of employees

Company Type

For Profit

Last funding type

Series F

IPO status

Private

Description

The company's Aqueous Hybrid Ion (AHI™) battery, developed from Carnegie Mellon University research, offers a cost-effective, safe, and sustainable solution for energy storage. Aquion's non-toxic components, including saltwater, provide flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies. The environmentally-friendly electrochemical design of their products is non-flammable and non-explosive, containing no heavy metals or toxic chemicals. Aquion Energy's sodium ion batteries and electricity storage systems help clients reduce reliance on fossil fuels and optimize existing grid-tied generation assets.
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