Volexion
Latest round
- Seed
Last raised
- Apr 2021
Total raised
- $1.1M
Investors
- 2
About Volexion
Based in the US and founded in 2018, Volexion, Inc.Volexion, Inc. specializes in energy storage solutions, focusing on graphene encapsulation technology for lithium-ion batteries.Volexion, Inc. specializes in cutting-edge energy storage solutions, primarily focusing on innovative graphene encapsulation technology for lithium-ion cathode active materials. The company’s core product offerings are designed to enhance the performance of batteries used in consumer electronics and specialty applications, including drones, micromobility devices, and defense systems. Their products are engineered to deliver increased cycle life, power density, and operational temperature ranges, addressing key challenges such as energy density and safety. Volexion’s materials are compatible with both current and next-generation lithium-ion manufacturing processes, enabling manufacturers to adopt these advanced materials seamlessly.Volexion's revenue model is structured around B2B transactions, focusing on partnerships and direct sales to manufacturers in various sectors. The company engages with clients by providing tailored solutions that integrate their graphene-encapsulated cathode active materials into existing production lines, facilitating a smooth transition to advanced battery technologies. Revenue is generated through sales of these proprietary materials and potentially through long-term contracts with key partners in the consumer electronics and electric vehicle markets. The flagship product line is centered on advanced battery materials that not only enhance performance but also offer sustainability through bio-based capabilities.In April 2021, Volexion, Inc. The company plans to utilize these funds to scale its technology and enhance battery performance for cell manufacturers across various devices. Future growth initiatives include the development of new products aimed at maximizing energy efficiency and expanding their market reach into North America, Europe, and Asia by the end of 2023.
Who invested in Volexion
2 investors across 1 round
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Funding rounds
Seed
Apr 8, 2021
Amount
$1.1M
Investors
Questions about Volexion
Who invested in Volexion?
Volexion has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Volexion raised?
Volexion has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Volexion last raise money?
Volexion's most recent round on record is a Seed, in Apr 2021.
What does Volexion do?
Based in the US and founded in 2018, Volexion, Inc.
Where is Volexion headquartered?
Volexion is headquartered in Evanston, US.
Which VCs invest in companies like Volexion?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Volexion's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Seed
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