Factbox: Battery tech startups focused on future cathode chemistries

GS Yuasa

15/11/2022 04:59

Nov 15 (Reuters) - A handful of battery technology
startups in Europe and North America are focused on two cathode
chemistries — sodium ion and lithium sulfur — that hold great
promise for the future, experts say. The oldest was founded in
2011, the youngest in 2020.
        Most of these companies don't expect to see their
battery cells in production electric vehicles until the latter
half of the decade. Below are some of the companies in the race.
  
Company: Amandarry
Founded: 2013
Location: USA
Status: private
Chemistry: sodium ion
Investors: n/a
Company: AMTE Power  AMTE.L 
Founded: 2013
Location: UK
Status: public
Chemistry: sodium ion
Investors: Renaissance Capital Partners, GS Yuasa, Mitsubishi
Materials, AEA Technology, ABSL Power Solutions
Company: Conamix
Founded: 2014
Location: USA
Status: private
Chemistry: lithium sulfur
Investors: Catalus Capital Management, Excell Partners, Hegemon
Capital, New York Ventures, Volta Energy Technologies
Company: Faradion
Founded: 2011
Location: UK
Status: acquired 
Chemistry: sodium ion
Parent: Reliance Industries  RELI.NS  
Company: Lyten
Founded: 2014
Location: USA
Status: private
Chemistry: lithium sulfur
Investors: Catalus Capital Management, River Street Management
Company: Theion
Founded: 2020
Location: Germany
Status: private
Chemistry: lithium sulfur
Investors: Factor e  Ventures, Team Europe, Linden Capital,
Extantia Capital Management
Sources: PitchBook, Dealroom
    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
INSIGHT-EV battery makers race to develop cheaper cell
materials, skirting China     urn:newsml:reuters.com:*:nL1N31X1QV
FACTBOX-How do electric vehicle batteries work?     urn:newsml:reuters.com:*:nL1N3271YB
FACTBOX-Sulfur and salt could power tomorrow's electric vehicles
    urn:newsml:reuters.com:*:nL1N31X1RM
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Reporting by Paul Lienert in Detroit; editing by Claudia
Parsons)
 ((Paul.Lienert@thomsonreuters.com; mobile +1 313-670-2452;))