Dutch Battery Startup Lionvolt Closes €4 Million Seed Round Led By Innovation Industries
11/18/21, 7:10 AM
Location
eindhovenMoney raised
€4 million
Round Type
seed
European battery start-up LionVolt announced today it has successfully closed a seed round of €4 million, bringing its total funding this year to more than €5 million.
Company Info
Location
eindhoven, north brabant, netherlands
Additional Info
Backed by more than seven years of R&D at the TNO Holst Centre, LionVolt is developing a 3D, solid-state, lithium metal battery. Its mission is to introduce next-gen batteries that are energy-dense, fast charging, safe, and efficient while being more environmentally friendly than traditional lithium-ion batteries. LionVolt’s design is 100% safe, weighs 50% less and provides 200% improved performance compared to the most advanced lithium-ion batteries available today. To learn more, visit www.lionvolt.com.