Xerion Advanced Battery Corp

Xerion Advanced Battery Corp

Xerion Advanced Battery develops nanotechnology-based, high-power and high-energy battery systems. Learn more
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DateInvestorsAmountRound
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$3.7m

Early VC
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$380k

Seed
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$220k

Grant
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$1.0m

Grant
Total FundingAUD8.2m

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Xerion Advanced Battery Corp. specializes in the development and commercialization of advanced rechargeable battery technologies. The company operates in the energy storage market, focusing on innovative manufacturing processes and nanostructured materials to produce high-performance batteries. Xerion's core technologies include a patented electroplating process and a 3D conductive foam, which eliminate the need for binders and conductive additives in battery electrodes. This results in batteries that offer higher energy density, increased power output, faster charging times, and lower production costs. The company serves a diverse range of clients, including those in the automotive, consumer electronics, and renewable energy sectors. Xerion's business model revolves around licensing its proprietary technologies and producing customized battery prototypes to meet specific customer requirements. Revenue is generated through technology licensing fees and sales of prototype batteries. Founded in 2010 in Champaign, IL, Xerion is dedicated to advancing battery technology to meet the growing demand for efficient and cost-effective energy storage solutions.

Keywords: advanced batteries, electroplating, 3D conductive foam, high energy, high power, fast charge, low cost, customizable, energy storage, nanostructured materials.

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