Natrion raises $2M seed round led by TechNexus
Natrion secured $2M in oversubscribed seed funding led by TechNexus Venture Collaborative.
Evidence notes
- The round included participation from Tamarack Global, Mark Cuban, Illinois Ventures and other private investors.
- The company said the funding would support progress toward prototype production capabilities for its solid-state battery technology.
Company context
Natrion develops advanced battery materials and cell products based on its Lithium Solid Ionic Composite, or LISIC, active separator technology. The company focuses on U.S.-made battery components and high-energy lithium-metal or anode-free cells for defence, aerospace, electric mobility and energy-storage applications.