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Nexeon
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Developer of second-generation lithium-ion batteries using silicon anode technology

Founded in 2006
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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
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Headquarters United Kingdom Abingdon, United Kingdom
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Updated by Scott Brown at Nexeon on 06/19/2013

Edited by Cleantech Group on 04/11/2024

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Date Partner Type
07/26/2023
Panasonic Panasonic
Nexeon announced a partnership with Panasonic Energy Co., Ltd., a Panasonic Group company to supply the battery giant with Nexeon’s advanced silicon-based anode material that has the potential to increase the energy density of lithium-ion cells by up to 50%.
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Confirmed by Panasonic
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IPO INFORMATION

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Date Investors Type Amount
02/02/2023 UK Research and Innovation UK Research and Innovation (1)
Post-money valuation of
This funding will be distributed to Nexeon, Coventry University, and University College as part of a project to investigate new biomass anode technology and silicon electrodes with high energy density. Funding from the Faraday Battery Challenge of $33.3 million will be shared among 17 projects.
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