StageGrant - II | Alive
Last Raised$5.97M | 4 mos ago
About Echion Technologies
Echion Technologies develops Li-ion battery anode materials that enable faster charging and low cost of ownership. The company specializes in the development of new battery materials. Its caters to a range of applications such as consumer electronics, electric vehicles, and more. The company was founded in 2017 and is based in Cambridge, U.K.
Missing: Echion Technologies's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
ESPs containing Echion Technologies
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
These companies are looking to improve EV battery performance, which translates to longer range lengths and faster charging for EVs. Traditional anodes rely on graphite, which doesn’t perform as well as silicon, especially at lower temperatures and during fast charging. Startups developing silicon anodes are numerous and are some of the most well-funded companies in battery materials.
Echion Technologies named as Challenger among 14 other companies, including StoreDot, 24M Technologies, and Group14 Technologies.
Missing: Echion Technologies's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Expert Collections containing Echion Technologies
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Echion Technologies is included in 1 Expert Collection, including Energy Storage.
This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.
Echion Technologies Patents
Echion Technologies has filed 3 patents.
The 3 most popular patent topics include:
- Lithium-ion batteries
- Rechargeable batteries
- Battery (electricity)
Latest Echion Technologies News
Jan 10, 2023
Battery material provider Echion Technologies and niobium supplier CBMM have formed a partnership to build a new facility in Araxá, Brazil to supply anode-grade niobium oxides to be used in Echion´s XNO battery anode material. The facility, which is due to open in early 2024, will have the capacity to supply 2,000 tonnes of material per year—the equivalent of 1 GWh of battery cell production. Echion says its niobium-based anode material, XNO, delivers “lithium-ion battery performance highly suited for industrial, commercial and high-value applications that demand the highest up-time, lowest total cost of ownership and highest performance. Applications powered by XNO include battery-electric and hybrid trains, mining haul trucks, buses and delivery vehicles, as well as applications in motorsport and space.” CBMM plans to invest $80 million in the expansion of its entire niobium oxides production line, which will include this new facility. The investment should enable total production of 3,000 tonnes of battery-grade niobium oxide in 2024. The company aims to reach 40,000 tonnes of niobium oxide capacity in 2030. “The manufacturing deal…signifies the next step in our longstanding relationship with CBMM and will allow us to serve the huge global demand for our fast-charging, cost-effective and safe battery anode materials,” said Jean de La Verpilliere, CEO of Echion.
Echion Technologies Frequently Asked Questions (FAQ)
When was Echion Technologies founded?
Echion Technologies was founded in 2017.
Where is Echion Technologies's headquarters?
Echion Technologies's headquarters is located at 9 Cambridge South, West Way, Swaston, Cambridge.
What is Echion Technologies's latest funding round?
Echion Technologies's latest funding round is Grant - II.
How much did Echion Technologies raise?
Echion Technologies raised a total of $22.54M.
Who are the investors of Echion Technologies?
Investors of Echion Technologies include Government of UK, Origin Capital, BGF, Cambridge Enterprise, CBMM and 5 more.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.