Allotrope Energy, a Woking, UK-based battery manufacturing startup, raised US$6.7M in funding.
The round was led by Suzano Ventures.
The company intends to use the funds to progress its battery material technology.
Led by CEO Dr Peter Wilson, Allotrope Energy is the developer of agile high-speed carbon technology that can help advance a new family of ultra-fast-charging lithium-carbon and lithium-ion capacitor batteries. These batteries have the potential to transform a range of industries, from mobility to aerospace and robotics, which can also reach full charge in a time similar to powering an internal combustion engine vehicle, without the safety risks associated with other lithium-ion technologies.
FinSMEs
11/04/2023