Nexeon has raised over $200 million funding to fund Si-based anode materials manufacturing
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Nexeon, a leading battery materials developer and manufacturer, has raised over $200 million via several investment rounds to accelerate the expansion of its own manufacturing capabilities to mass production of silicon-based anode materials for use in rechargeable Lithium-ion batteries.
Lithium-ion is the dominant battery technology for portable device applications, particularly the electric vehicle market. Use of silicon anode technology unlocks the potential of silicon to deliver increased capacity without compromising lithium-ion battery cycle life, providing lighter batteries with more power and longer lifetime between charges.
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