Nexeon

United Kingdom · Industrial tech · Climate tech

Nexeon develops silicon anode materials for battery manufacturers seeking to store more energy in lithium-ion cells for vehicles, electronics and energy storage.

Changing the material inside the cell

Nexeon’s NSP2 material replaces graphite in the anode of a lithium-ion battery. The company positions it as a drop-in material: battery designers can use higher energy density to reduce pack size and weight, or retain the available space for greater capacity.

The same design trade-off applies beyond electric vehicles. Nexeon targets wearable and medical devices where battery space is constrained, as well as consumer electronics and stationary energy storage. Its business supplies a component material for these products rather than a complete vehicle or battery pack.

Funding history

1 round · 1 with disclosed amounts
AnnouncedRoundAmountInvestors
Investment round£100MHonda — ParticipantKorea Development Bank — ParticipantUK's National Wealth Fund — Participant
Sourcesnexeonglobal.com ↗nexeonglobal.com ↗