Dutch battery startup LeydenJar’s silicon anode tech could pose a challenge to China

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Battery materials startup LeydenJar has closed a €13 million ($15.2 million) round to scale up manufacturing of its silicon anode technology for an unnamed “leading U.S.-based consumer electronics company.”

The Netherlands-based startup will use the funding, along with a €10 million commitment from the U.S. customer, to build the first phase of its facility, PlantOne, in Eindhoven, Netherlands, which will open in 2027. Investors Extantia and Invest-NL lead the round.

Today, a majority of the world’s lithium-ion batteries, and the…



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Dutch battery startup LeydenJar’s silicon anode tech could pose a challenge to China


Battery materials startup LeydenJar has closed a €13 million ($15.2 million) round to scale up manufacturing of its silicon anode technology for an unnamed “leading U.S.-based consumer electronics company.”

The Netherlands-based startup will use the funding, along with a €10 million commitment from the U.S. customer, to build the first phase of its facility, PlantOne, in Eindhoven, Netherlands, which will open in 2027. Investors Extantia and Invest-NL lead the round.

Today, a majority of the world’s lithium-ion batteries, and the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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