Tech Company Financing Transactions
Altris Funding Round
On 5/2/2023, Altris received $5.3 million in funding from private investors.
Transaction Overview
Company Name
Announced On
5/2/2023
Transaction Type
Venture Equity
Amount
$5,306,000
Round
Undisclosed
Investors
Proceeds Purpose
The bridge financing round will be used to help Altris complete a manufacturing facility in Uppsala as it gears up for commercialisation of its sodium-ion batteries.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Kungsgatan 70b
Uppsala, 753 18
SE
Uppsala, 753 18
SE
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2017 based on research performed at the Uppsala University Ångström Laboratory, Altris offers highly sustainable battery technology to enable a renewable future. Altris has since scaled up the production of the Fennac cathode from lab, via pilot, to today's small scale industrial production. Our GWh scale production facility in Sandviken, Sweden is under construction and scheduled to open late 2023.Altris also designs, produces, and licenses cells, electrolyte and production processes for customer specific needs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martin Anderlind
Chief Financial Officer
Christer Berguvist
Chief Scientific Officer
Ronnie Mogensen
Chief Technical Officer
Tim Nordh
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