# Lionano SE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lionano-se

- Industry: Energy Storage & Batteries
- Headquarters: Woburn, US
- Website: www.lionano.com
- Total disclosed funding: $22M
- Latest round: Series B (Sep 24, 2018)
- Investors on record: 3

## About

Lionano SE Inc. develops high-performance solid-state batteries that significantly improve safety, efficiency, and longevity for electric vehicles, addressing the limitations of current lithium-ion technology.Lionano SE Inc. specializes in solid-state battery technology. Founded in 2013, the company is headquartered in Woburn, US. Co-founded by Alex Yu and Siyu Huang, Lionano has completed two deals, with the most recent occurring on September 10, 2019. The company raised USD 5.52 mn in a VENTURE DEBT round, contributing to a total of USD 22.00 mn raised.Lionano SE Inc. focuses on high-performance solid-state batteries, significantly advancing beyond conventional lithium-ion solutions. Their products cater specifically to the electric vehicle market, enhancing safety, performance, and energy density, thereby facilitating broader EV adoption in regions such as North America, Europe, and Asia.Lionano SE Inc.'s revenue model is based on B2B partnerships with automotive manufacturers. The company engages in direct transactions for customized battery solutions, likely involving long-term supply agreements with clients. These agreements enable automotive partners to integrate Lionano's solid-state batteries into their electric vehicle designs, focusing on specific performance needs.Looking ahead, Lionano SE Inc. aims to design and launch new solid-state battery products to further enhance their market position. With plans to expand into regions including North America, Europe, and Asia, the company expects to utilize the USD 5.52 mn raised in September 2019 to support these initiatives. This funding is directed towards advancing product development and market outreach, enhancing their partnerships within the automotive industry.

## Funding rounds

- Series B, Sep 24, 2018, $22M — WAVE Equity Partners, Helios Capital, NXT Ventures

## Investors

- WAVE Equity Partners (https://capitalatlas.ai/funds/wave-equity-partners) — Series B
- Helios Capital (https://capitalatlas.ai/funds/helios-capital) — Series B
- NXT Ventures (https://capitalatlas.ai/funds/nxt-ventures) — Series B