Echion Technologies
Experience rapid charging, extended durability, and enhanced safety for heavy-duty electric vehicles with our innovative anode materials.
Experience rapid charging, extended durability, and enhanced safety for heavy-duty electric vehicles with our innovative anode materials.
Echion Technologies is a company founded in 2017, specializing in the development of innovative anode materials for Li-ion batteries. Their XNO® material is designed to offer quicker charging times, extended lifespans, and enhanced safety compared to conventional alternatives. With a focus on the heavy-duty electric vehicle sector, the company aims to enhance efficiency and sustainability in transportation. Echion Technologies recently secured a substantial £29.00M Series B investment on 13 June 2024. The investment was made by notable firms including BGF, Volta Energy Technologies, CBMM, and University of Cambridge Enterprise. This funding is expected to further propel the company's advancements in manufacturing, renewable energy, and energy storage industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | £29.00M | 4 |
|
13 Jun 2024 |
| Venture Round | Unknown | 1 |
|
06 Sep 2023 |
| Series A | £10.00M | 5 |
|
24 Aug 2021 |
| Series A | £120.00K | 1 |
|
11 May 2020 |
| Series A | £1.50M | 1 |
|
19 Feb 2020 |
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