Xerion Advanced Battery develops nanotechnology-based, high-power, and high-energy battery systems.
Xerion Advanced Battery develops nanotechnology-based, high-power, and high-energy battery systems. While advancement in battery technology has been steady, most of this advancement has been evolutionary in nature, based upon refinement in electrode materials and chemistries, and incremental advances in electrolyte stability. However, even with these advances, today’s commercial batteries still exhibit slow charging, inadequate power, insufficient capacity, and poor safety for today’s rapidly growing portable power needs.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 11, 2016 | Grant | $224.92K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Science Foundation | Yes | Grant |