NewsFlash / Cobalt & Lithium / Swedish Sodium Battery Firm Altris Secures B-Round Funding of SEK 150M to Boost Cathode Production
Swedish Sodium Battery Firm Altris Secures B-Round Funding of SEK 150M to Boost Cathode Production
iconOct 16, 2024 13:50
Source:SMM
[Overseas Sodium Battery News: Swedish Sodium Battery Cathode Company Altris Completes B-Round Financing] On October 7, 2024, Swedish sodium-ion battery developer Altris successfully raised 150 million Swedish kronor (approximately RMB 102 million, or USD 14.45 million) in its B1-round financing, attracting new investors such as Clarios and Maersk Growth. The funds will be used to complete Altris' pilot production facilities, thereby facilitating the commercial production of cathode materials for sodium-ion battery cells. In November 2023, Altris, in collaboration with Northvolt, developed a Prussian white sodium battery with an energy density exceeding 160Wh/kg.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All