What is LionVolt?
LionVolt, which emerged from TNO at Holst Centre and is based at the High Tech Campus in Eindhoven, Netherlands, is dedicated to the development and scaling of 3D solid-state batteries. Founded in 2020, the company leverages seven years of research and development to create batteries that offer high performance, rapid charging capabilities, inherent safety features, and sustainability. Their mission is to accelerate the adoption of next-generation battery technology.
How much funding has LionVolt raised?
LionVolt has raised a total of $20.5M across 2 funding rounds:
Angel/Seed
$4.5M
Private Equity
$16M
Angel/Seed (2021): $4.5M with participation from Sake Bosch, Brabant Development Agency, and Innovation Industries
Private Equity (2024): $16M, investors not publicly disclosed
Key Investors in LionVolt
Innovation Industries
Innovation Industries is a venture capital firm that typically invests in technology and industrial companies, focusing on sectors that drive innovation and market disruption. Their involvement suggests a strategic alignment with LionVolt's technological advancements and scaling ambitions.
What's next for LionVolt?
With this substantial backing, LionVolt is poised to advance its ambitious vision of establishing a scalable giga factory within the next five years. This strategic financing is expected to fuel the company's expansion, enabling it to solidify its position as a key player in the global battery industry and to bring its advanced solid-state battery solutions to market at scale.
See full LionVolt company page
