Event

Natrion raises $2M seed round led by TechNexus

May 25, 2022 · Funding · Natrion · Power Systems

  • Natrion secured $2M in oversubscribed seed funding led by TechNexus Venture Collaborative.
  • The round included participation from Tamarack Global, Mark Cuban, Illinois Ventures and other private investors.
  • The company said the funding would support progress toward prototype production capabilities for its solid-state battery technology.

Natrion develops advanced battery materials and cell products based on its Lithium Solid Ionic Composite, or LISIC, active separator technology. The company focuses on U.S.-made battery components and high-energy lithium-metal or anode-free cells for defence, aerospace, electric mobility and energy-storage applications.

Company
Natrion
Segment
Power Systems
Event type
Funding
Geography
Binghamton · United States