Imec Spin-Off Solithor Closes A €10M Seed Investment Round To Develop A New Disruptive Solid-State Battery Cell Technology
May 16, 2022•over 3 years ago
Amount Raised
€10 Million
Round Type
seed
Description
SOLiTHOR, the newly created spin-off company from imec – partner in the top European energy R&D innovation hub EnergyVille – is spearheading the development, manufacturing and commercialisation of innovative solid-state lithium (Li) battery cell technology to reliably and economically offer high energy storage solutions. SOLiTHOR raised €10M in a seed investment round led by imec.xpand supported by a strong investment syndicate including LRM, Nuhma and FPIM. The proceeds will be used to develop the technology required to enable further electrification of our transport industry with solutions that address current issues in autonomy, performance, longevity and safety.
Funding Insights
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