Last deal

Amount

Debt Financing

Stage

10.01.2024

Date

3

all rounds

$304.21M

Total amount

date founded

Financing round

General

About Company
Natron Energy develops sodium ion battery solutions using Prussian Blue electrode materials.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Natron, Alveo Energy

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company's unique Prussian Blue chemistry-based battery products offer high power density, fast recharge, and long cycle life, making them ideal for a wide range of energy storage applications, including critical backup power systems, EV fast charging, and behind-the-meter applications. Natron Energy's sodium-ion-based batteries are economically produced from commodity materials on existing cell manufacturing lines, resulting in highly efficient batteries with low operating costs and better battery life. As the world's leading developer and supplier of Prussian Blue Sodium Ion battery solutions, Natron Energy is dedicated to providing high power, long life, and low-cost energy storage solutions for critical power and industrial applications, such as data center UPS systems and electrically-powered materials handling equipment.
Contacts

Contact Email

Phone number

Social url

Legal Names

Legal name

Natron Energy, Inc.
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Financials

Funding Rounds
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3

Number of Funding Rounds

$304.21M

Money Raised

Their latest funding was raised on 10.01.2024. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
10.01.2024
10.01.2024
$189.33M
20.12.2022
4
$57.74M
Co-Investors
Investors
12
8

Number of lead investors

12

Number of investors

Investor 
Lead 
Round 
Partners 
No
Corporate Round
Yes
Corporate Round
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Corporate Round
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People

Founders
1
Colin Wessells
Colin Wessells

Colin Wessells

Colin Wessells is the founding CEO at Natron Energy (formerly Alveo Energy). He cofounded Natron in 2012 with two advisors as a spin out of his PhD thesis at Stanford. At Natron, he has led the development of battery products based on Natron's unique cell chemistry. He has raised over $22 million in venture capital investment in Natron. He also served as principal investigator for two ARPA-E awards totaling $4.6 million. He holds PhD, MS, and BS degrees from Stanford in materials science and engineering.

current job

Natron Energy
Natron Energy

organization founded

1

Colin Wessells

Employee Profiles
8
Jack Pouchet

Jack Pouchet

Vice President Sales

Robert Rogan

Robert Rogan

Chief Business Officer

Salil Soman

Salil Soman

Vice President - Business Development

Colin Wessells

Colin Wessells

Co-Founder and CEO

Ron Mosso

Ron Mosso

Acting Vice President, Operations

Majid Keshavarz

Majid Keshavarz

Vice President, R&D

Ali Firouzi

Ali Firouzi

Vice President, Product Engineering

Activity

Recent News
10
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

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