Adden Energy (Series A)

Funding Details
Awarder
Inbox
Date Award
October 23, 2024
Vertical
Energy
Funding URL
View Funding Page
Funding Amount:
$15,000,000

Company Info
Founding Year
2022
Traction
Adden Energy's prototypes are the fastest in the world, charging in less than 10 minutes with nearly 10x the lifetime of conventional batteries.
Founders
Will Fitzhugh, Xin Li
Company Description
Adden Energy is developing the world’s fastest lithium metal batteries based on novel self-healing solid-state battery technology. Targeting the Electric Vehicle market, Adden Energy’s batteries can double the driving range while cutting the charge-times to as fast as gas.
Market
Electric Vehicles
Location
Waltham, Massachusetts, United States
Coinvestors
Primavera Capital Group, Rhapsody Venture Partners, MassVentures

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