Sion Power Corporation

Sion Power develops next-generation batteries for electric vehicles using its proprietary Licerion technology. This technology employs compression in lithium-metal batteries to enhance safety, lifespan, and recharge rates, aiming to address consumer range anxiety. The company focuses on large-format cells for commercial and consumer EVs.

Buy Funded Startups lists

Funding Round: Series A

Funding Amount: $75M

Date: 24-Jan-2024

Investors: LG Energy Solution, Euclidean Capital, Hillspire LLC

Markets: Automotive, Battery Technology, Renewable Energy Equipment Manufacturing

HQ: Tucson, Arizona, United States

Founded: 1989

Website: https://sionpower.com

LinkedIn: https://www.linkedin.com/company/sion-power

Twitter: https://twitter.com/sionpowerco

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