# Echion Technologies: Research, Cambridge, United Kingdom

> Echion Technologies: Echion Technologies is a leading battery technology company based in Cambridge, UK. Based in Cambridge, United Kingdom. Founded 2017.

Source: https://millionrounds.com/startup/echion-technologies (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Research startup](https://millionrounds.com/companies)

# Echion Technologies

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

Funding reported Last round: Series B

Research Cambridge, United Kingdom

Company summary

- **Founded:** 2017 9 years old
- **Team:** 66 51 to 200 people
- **Funding reported:** 42.1M as listed, currency not stated
- **Last round:** Series B Jun 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Echion Technologies has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **42.1M** in the source's currency

Rounds **6**

Last round **Series B**

Last round size **13.2M**

Last round date **Jun 2024**

Investors listed **10**

## 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.

- Feb 2024 **$5.9M** UK share allotment
- Aug 2023 **$52M** UK share allotment
- Nov 2021 **$336K** UK share allotment
- Sept 2021 **$13M** UK share allotment

## Founders and team

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

**Jean de la Verpillière** CEO & Co-founder

**Dr Alex Groombridge** CTO & Co-founder

- **Ben Ting** Chief Commercial Officer
- **Ceri Neal** Chief Financial Officer
- **Dr Sarah Stevenson** Chief Operating Officer

## On 4 portfolio pages

Investors who name them

- [Volta Energy Technologies](https://millionrounds.com/fund/volta-energy-technologies)
- [NetScientific PLC](https://millionrounds.com/fund/netscientific-plc)
- [EMV Capital](https://millionrounds.com/fund/emv-capital-plc)
- [Martlet Capital](https://millionrounds.com/fund/martlet)

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 manufacturing clean energy & technology battery development support anode materials distribution manufacturing carbon footprint reduction sustainable materials industrial battery applications battery performance energy storage battery supply battery longevity battery performance enhancement long cycle life batteries proprietary mixed niobium oxide

Built with from their website

Google Tag Manager parallax.js Squarespace ECommerce YouTube Viewport Meta Priority Hints Magento 2 Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly

+8 more

Blue Host DNS Magento Open Source Open Graph Squarespace Blue Host Shutterstock Sage Intacct Google Analytics

- **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](https://millionrounds.com/directory/echion-technologies)

## Research in United Kingdom

Startups like it

- [**Isomorphic Labs** London · founded 2021 *Raised*](https://millionrounds.com/company/isomorphic-labs)
- [**Basecamp Research** London · founded 2019 *Raised*](https://millionrounds.com/company/basecamp-research)
- [**Callosum** London · founded 2025 *Raised*](https://millionrounds.com/company/callosum)
- [**Artios** Babraham · founded 2016 *Raised*](https://millionrounds.com/company/artios)
- [**First Light Fusion** Yarnton · founded 2011 *Raised*](https://millionrounds.com/company/first-light-fusion)
- [**IMU Biosciences** London · founded 2019 *Raised*](https://millionrounds.com/company/imu-biosciences)
- [**Orbital Industries** London · founded 2022 *Raised*](https://millionrounds.com/company/orbital-industries)
- [**Genomics** Oxford · founded 2014 *Raised*](https://millionrounds.com/company/genomics)

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