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Broadbit Batteries
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Short description

Developer of sodium based batteries

Founded in 2015
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector energy storage

TRL Range 4-6
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
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Headquarters Finland Helsinki, Finland
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Updated by David Brown at Broadbit Batteries on 04/10/2022

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Vulcan Inc. Vulcan Inc.

Confirmed by Vulcan Inc.
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Date Partner Type
08/01/2019
New Energy Challenge New Energy Challenge
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Confirmed by New Energy Challenge
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Date Investors Type Amount
12/20/2021 EASME EASME (1)
Post-money valuation of
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Grant $2,840,000
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ProLion Electrolyte

This new Li-ion electrolyte overcomes the key performance limitations of current Li-ion electrolytes and enables higher temperature operation, improved safety, longer cycle-life, faster charging and higher power (particularly at low temperatures).

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