United Kingdom · Research startup

Echion Technologies

Echion Technologies is a leading battery technology company based in Cambridge, UK.

Funding reportedLast round: Series B

ResearchCambridge, United Kingdom

About Echion Technologies

Echion Technologies is a leading battery technology company based in Cambridge, UK.

Founded in 2017, it specializes in the commercialization of XNO®, a proprietary niobium-based anode material. This innovative product enables ultra-fast charging, exceptional longevity, and enhanced safety for lithium-ion batteries. XNO® allows batteries to achieve a full charge in just 6 minutes and boasts a cycle life exceeding 50,000 charges. The company focuses on scaling advanced battery electrode materials for industrial production. Echion provides scalable manufacturing solutions that integrate seamlessly into existing battery production lines. It also produces demonstrator cells to help cell manufacturers develop high-energy density power cells. Echion serves various markets, including automotive, premium consumer electronics, and grid storage, with a particular emphasis on applications requiring fast charging and durability, such as electric trucks and industrial machinery. The company has established strategic partnerships to further commercialize its technology and is committed to enabling sustainable electrification and decarbonization.

What company datasets say Echion Technologies raised

Funding, as reported

Reported in all42.1Min the source's currency
Rounds6
Last roundSeries B
Last round size13.2M
Last round dateJun 2024
Investors listed10

Funding filed with regulators

Echion Technologies filed 4 raises, $71M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Feb 2024$5.9MUK share allotment
  2. Aug 2023$52MUK share allotment
  3. Nov 2021$336KUK share allotment
  4. Sept 2021$13MUK share allotment

Founders and team

From Echion Technologies's own website: 2 founders, 3 on the team.

Jean de la VerpillièreCEO & Co-founder
Dr Alex GroombridgeCTO & Co-founder
  • Ben TingChief Commercial Officer
  • Ceri NealChief Financial Officer
  • Dr Sarah StevensonChief Operating Officer

On 4 portfolio pages

Investors who name them

Each firm lists Echion Technologies on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

materials manufacturingclean energy & technologybattery development supportanode materialsdistributionmanufacturingcarbon footprint reductionsustainable materialsindustrial battery applicationsbattery performanceenergy storagebattery supplybattery longevitybattery performance enhancementlong cycle life batteriesproprietary mixed niobium oxide

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Sector
Research
Industry code
NAICS 33591, 325180, SIC 3694,
Region
England
Revenue
3.2M a year, as listed
Full record
Every detail in the company directory

Research in United Kingdom

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