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Addionics
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Developer of 3D-based electrodes for rechargeable batteries

Founded in 2017
Founded in

Company type Private Public ()
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Industry Group materials & chemicals

Sector advanced energy materials

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom London, United Kingdom
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Updated by Cleantech Group on 02/29/2024

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Date Partner Type
06/14/2022
Blitz Motors Blitz Motors
Blitz Motors and Addionics have formed a strategic partnership to develop next-generation batteries for electric mopeds using Addioncics’ Smart 3D Electrodes. The optimized batteries will increase travel range, shorten charging times, and reduce production costs for Blitz’s fleet of electric mopeds. The first model is expected to be completed in 2023.
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Confirmed by Blitz Motors
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IPO INFORMATION

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Date Investors Type Amount
07/25/2024 GM Ventures GM Ventures , Deep Insight Ventures Deep Insight Ventures , Scania Scania (3)
Post-money valuation of
Funding will go towards growing teams across the globe, expanding its manufacturing and commercialization efforts, and improving the construction of its planned US-based gigafactory.
Series B $39,000,000
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