Echion Technologies
Latest round
- Series B
Last raised
- Aug 2023
Total raised
- $54M
Investors
- 6
About Echion Technologies
Founded in 2017 by co-founders Jean de La Verpilliere, and Alex Groombridge and based in the UK, Echion Technologies Ltd. develops and production of advanced materials niobium-based anodes for lithium-ion batteries. In August 2023, Echion Technologies Ltd.48 million post-money. Echion Technologies' primary product is the XNO, a niobium-based anode material, designed to improve the performance of lithium-ion batteries. The XNO material enables batteries to achieve energy density and ensures a cycle life of more than 10,000 cycles. These products cater to a wide range of heavy-duty applications such as rail, high-power off-road vehicles, high-utilization fleets of trucks, buses, delivery vans, mining equipment, high-performance hybrids, and motorsports. The company supplies XNO anode active material to cell manufacturers. Echion also produces low volumes of demonstrator cells for evaluation by Tier 1 suppliers and original equipment manufacturers (OEMs) before connecting them with their network of cell manufacturers.
Who invested in Echion Technologies
6 investors across 4 rounds
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Questions about Echion Technologies
Who invested in Echion Technologies?
Echion Technologies has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Echion Technologies raised?
Echion Technologies has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Echion Technologies last raise money?
Echion Technologies's most recent round on record is a Series B, in Aug 2023.
What does Echion Technologies do?
Founded in 2017 by co-founders Jean de La Verpilliere, and Alex Groombridge and based in the UK, Echion Technologies Ltd.
Where is Echion Technologies headquartered?
Echion Technologies is headquartered in Sawston, UK.
Which VCs invest in companies like Echion Technologies?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back energy storage & batteries companies at Echion Technologies's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series B
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