Molyon raises €4.3M Seed round
26 November 2024· Cambridge, United Kingdom· energy, battery_technology, materials, deep_hardware, b2b, sustainability
The funding will kickstart manufacturing at a pilot facility in Cambridge through expansion of the core team, including battery engineers, material scientists and operations staff. It will also be used to push forward with plans to commercialise Li-S technology, with initial applications focusing on drones and robotics, and ultimately to enter the electric vehicle market.
Investors
LeadIQ Capital
Also participating
PluralCambridge EnterpriseParkwalk Advisors
About Molyon
Stage
Seed
Headquarters
Cambridge, United Kingdom
Founded
2024
Team Size
21–50
Sectors
energybattery_technologymaterialsdeep_hardwareb2bsustainability