UK battery materials startup TaiSan founded by chess champion raises £4.65M
A UK battery materials startup founded by a former chess champion has raised £4. 65m in a seed round, it said today. TaiSan, which operates out of a Cambridge battery lab, builds next-generation sodium...
Key Takeaways
- It says its tech makes batteries that are more efficient than sodium-ion and lithium-ion rivals.
Energy UK battery materials startup TaiSan founded by chess champion raises £4.
- TaiSan , which operates out of a Cambridge battery lab, builds next-generation sodium batteries for electric bikes, scooters, vehicles and power tools.
It says its tech makes batteries that are more efficient than existing sodium-ion and lithium-ion battery rivals.
- Of the total raised, £700,000 came from Innovate UK, which provided grant funding through its Investor Partnerships Programme, the startup said.
- "While we've kept our most exciting breakthroughs in stealth, this funding will help us enhance the performance of sodium-ion batteries and bring the benefits to a mainstream audience.
" Photo: Taisan battery startup Cambridge Write Comment UK battery materials startup TaiSan founded by chess champion raises £4.
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Stats & Key Facts
- #Of the total raised, £700,000 came from Innovate UK, which provided grant funding through its Investor Partnerships Programme, the startup said.
It says its tech makes batteries that are more efficient than sodium-ion and lithium-ion rivals. Energy UK battery materials startup TaiSan founded by chess champion raises £4. 65M It says its tech makes batteries that are more efficient than sodium-ion and lithium-ion rivals.
John Reynolds 2 hours ago Share Share Send email Copy link A UK battery materials startup founded by a former chess champion has raised £4. 65m in a seed round, it said today. TaiSan , which operates out of a Cambridge battery lab, builds next-generation sodium batteries for electric bikes, scooters, vehicles and power tools.
It says its tech makes batteries that are more efficient than existing sodium-ion and lithium-ion battery rivals. The seed round was co-led by Eos Advisory and the Midlands Engine Investment Fund II through fund manager Mercia Ventures. AFI Ventures, EverQuest Capital Partners, Adeline Arts & Science, Techmind and existing investors InnoEnergy, TSP Ventures, Exergon, and Heartfelt also participated in the round.
For more details please read the original article at Tech.eu.
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