Tech Company Financing Transactions

Addionics Funding Round

Deep Insight, GM Ventures and Scania Growth Capital participated in a $39 million Series B funding round for Addionics. The financing round was recorded on 7/25/2024.

Transaction Overview

Company Name
Announced On
7/25/2024
Transaction Type
Venture Equity
Amount
$39,000,000
Round
Series B
Investors

Deep Insight (Lead Investor)

GM Ventures (Lead Investor)

Scania Growth Capital

Proceeds Purpose
The company intends to use the funds to build up teams across the globe, and expand its manufacturing and commercialization efforts, including advancing the construction of its planned US-based giga-factory for the production of its 3D Current Collectors.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
84 Wood Ln. Translation and Innovation Hub I-HUB
London, W12 0BZ
UK
Phone
Undisclosed
Email Address
Overview
Addionics smart 3D cell design will allow the next step-change in battery performance to enable a clean energy future. We're creating the next generation of energy storage by focusing on battery physics and are enabling higher energy density, lower charging time, and improved heat safety, with the largest markets in mind.
Profile
Addionics LinkedIn Company Profile
Social Media
Addionics Company Twitter Account
Company News
Addionics News
Facebook
Addionics on Facebook
YouTube
Addionics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Moshiel Biton
  Moshiel Biton LinkedIn Profile  Moshiel Biton Twitter Account  Moshiel Biton News  Moshiel Biton on Facebook
Chief Financial Officer
Alon Lam
  Alon Lam LinkedIn Profile  Alon Lam Twitter Account  Alon Lam News  Alon Lam on Facebook
Chief Scientific Officer
Farid Tariq
  Farid Tariq LinkedIn Profile  Farid Tariq Twitter Account  Farid Tariq News  Farid Tariq on Facebook
Chief Technical Officer
Vladimir Yufit
  Vladimir Yufit LinkedIn Profile  Vladimir Yufit Twitter Account  Vladimir Yufit News  Vladimir Yufit on Facebook
VP - Bus. Development
Eitan Hochster
  Eitan Hochster LinkedIn Profile  Eitan Hochster Twitter Account  Eitan Hochster News  Eitan Hochster on Facebook
VP - Marketing
Gilad Fisher
  Gilad Fisher LinkedIn Profile  Gilad Fisher Twitter Account  Gilad Fisher News  Gilad Fisher on Facebook
VP - R & D
Nir Halup
  Nir Halup LinkedIn Profile  Nir Halup Twitter Account  Nir Halup News  Nir Halup on Facebook


 

 

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About Our VC Transactions Data

We report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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