Proud to announce that TaiSan, our new portfolio company, has raised £1.3m! The investment will enable the company to rapidly improve and advance its quasi-solid-state sodium battery technology, targeting best-in-class energy density. Congratulations Sanzhar Taizhan for this important step ! We can only recommend to read the enlightening article by The Engineer UK to learn more about the company and its game-changing technology. Pauline Colin Manon Krook Giuseppe J. Sangiovanni Vincent BRILLAULT Edmund Harm AUDACIA
A UK company pioneering quasi-solid-state sodium batteries for the automotive industry has raised £1.3m to accelerate the development of its battery electric vehicle (BEV) technology. London-based TaiSan’s pre-seed funding round was led by EIT InnoEnergy and TSP Ventures, and followed by HEARTFELT_ VC and Exergon. The company said that adoption of sodium-ion chemistry is widely regarded as one of the next major BEV shifts, offering cost, sustainability, and safety benefits compared to lithium-ion. The global market is expected to be worth £1bn by 2028, reaching a capacity of 186GWh/year in 2030. Read the full report here 👇 https://lnkd.in/dZ7Mc47x #theengineer #sodium #batteries #BEV #technology #funding