Berlin-based battery producer Theion has efficiently raised €15 million in Collection-A funding to additional develop its progressive crystal sulphur batteries, that are reported to weigh solely a 3rd of typical electrical automobile (EV) battery applied sciences.
Based in 2020, Theion derives its title from the Greek phrase for sulphur, θεῖον. The corporate claims to have created a sustainable battery answer based mostly on sulphur crystals, offering a cheap and energy-efficient manufacturing course of. This expertise makes use of sulphur, an industrial byproduct, thereby decreasing reliance on environmentally dangerous mining for cathode supplies.
Theion’s crystal sulphur battery provides thrice the vitality density of conventional lithium-ion batteries whereas additionally coming at one-third of the fee and contributing to a considerably smaller carbon footprint. Sulphur, the sixteenth-most considerable factor on Earth, has the next vitality content material per weight in comparison with typical battery elements, permitting these batteries to be significantly lighter than their lithium-ion counterparts.
By leveraging the distinctive monoclinic gamma crystal construction of sulphur together with its proprietary and patented expertise, Theion aspires to boost the cycle lifetime of sulphur-based batteries, making them appropriate for varied industrial purposes.
The corporate’s batteries are anticipated to search out makes use of in a spread of sectors, together with air and land mobility, stationary vitality storage, and aerospace. The current €15 million funding spherical, led by Group International, will speed up the development of Theion’s groundbreaking expertise.
Dr. Ulrich Ehmes, CEO of Theion, emphasised Germany’s legacy of engineering and innovation, stating, “We’re designing our crystal sulphur battery to place Europe as a frontrunner in sustainable vitality storage. There may be nonetheless a solution to go, however our expertise shall allow CO2-neutral electrical flights, prolonged EV vary, and environment friendly stationary vitality storage.”
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