Last deal

$22.1M
Local Amount - GBP 29M

Amount

Series B

Stage

13.06.2024

Date

6

all rounds

$39.8M

Total amount

General

About Company
Echion Technologies develops superfast-charging Li-ion batteries.

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Also Known As

Echion

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company is a spinout from the University of Cambridge Engineering Department, using proprietary battery active materials to develop next-generation Li-ion batteries. Their lithium-ion batteries allow for fast charging of electric vehicles by using optimized high-power anode materials for cost-effective battery production. Echion Technologies' goal is to provide sustainable electrification of applications and enable the electrical industry to avail sustainable production with commercial battery electrode materials.
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