Based in Berlin, Theion focuses on pioneering crystal batteries with zero emissions and has secured €15 million in Series A funding from investors including Team Global, Geschwister Oetker Beteiligungen KG, and Enpal. This financial boost aims to strengthen its leadership in Europe’s next-generation battery technology landscape.
Under the guidance of Dr. Ulrich Ehmes, Theion is dedicated to sustainable battery advancements. Its innovative crystal-sulfur technology promises batteries that are not only lighter and more efficient but also more affordable than traditional ones. This approach tackles the long-standing cycle-life issues commonly faced by sulfur batteries, offering a feasible path for durable, ultra-light, and high-performance energy storage solutions.
The implications of Theion’s technology could extend into sectors such as electric aviation and sustainable energy storage, greatly enhancing electric vehicle ranges. The adoption of sulfur in battery manufacture boasts numerous advantages, being plentiful, sustainable, and budget-friendly, in stark contrast to the reliance on critical materials like nickel and cobalt.
Designed for efficiency, Theion’s crystal battery aspires to reach an impressive energy density of 1,000 Wh/kg, capable of charging in mere minutes. It is crafted with environmental consciousness, free from cobalt, nickel, and harmful solvents, and eschews detrimental mining practices altogether. The cost efficiency is notable, too, with sulfur being just 1% the cost of NMC811 materials and consuming only a third of the energy in its production.
Berlin’s Theion has raised €15 million in Series A funding to develop its zero-emission crystal batteries. Led by Dr. Ulrich Ehmes, the company’s innovative technology utilises sulfur to create batteries that are lighter, more efficient, and environmentally sustainable. The breakthrough promises significant advancements for electric vehicles and other energy storage applications.
Theion’s innovative approach to battery technology, underpinned by substantial funding, heralds a promising shift towards sustainable energy storage solutions. With its crystal-sulfur batteries, Theion aims to revolutionise industries by offering lighter, more efficient, and eco-friendly alternatives to conventional batteries. This initiative not only meets current market demands but also paves the way for future advancements in several fields, greatly influencing the landscape of electric energy.
Original Source: siliconcanals.com
