Nexeon raises €81.0M Series C round

3 August 2022· Abingdon, United Kingdom· manufacturing, materials, energy_storage, deep_hardware, b2b, sustainable_energy

The capital will accelerate the expansion of Nexeon's manufacturing capabilities to mass produce tens of thousands of metric tonnes annually of its silicon-based anode materials. The funding will also enable further development of its proprietary next-generation silicon anode material, NSP-2, and facilitate the construction of manufacturing facilities.

Investors

LeadIngevity Corporation
Also participating
GLY Mobility FundDaishin Private EquityShinhan InvestmentsMobility Innovators

About Nexeon

Stage
Series C
Headquarters
Abingdon, United Kingdom
Founded
2006
Team Size
51–200
Sectors
manufacturingmaterialsenergy_storagedeep_hardwareb2bsustainable_energy

Source: https://www.businesswire.com/news/home/20220803005510/en/Nexeon-Raises-Over-200m-to-Fund-Battery-Materials-Manufacturing