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Addionics, A Startup Creating ‘next-gen’ Batteries For Electric Cars And More, Raises $6M – Techcrunch
Posted on: April 1, 2020, 11:11 a.m.
Addionics, an Israeli/U.K. startup that is developed next-generation rechargeable batteries for electric vehicles and other applications, has raised $6 million in funding. The round is led by Next Gear Ventures, and includes a $2.5 million grant as part of the European Union’s Horizon2020 innovation competition. Founded by former Imperial College London academics, Addionics has created what it claims are improved rechargeable batteries through a redesign of chargeable battery architecture. It has developed a “patent-protected” and scalable 3D metal fabrication method ... Full investment news articleRelevent to this post: Louisiana Economic Development,