College of Cambridge spinout Kodiaq Applied sciences has secured an £850,000 funding in help of its metal-free power storage product.
The agency has developed proprietary natural electrolyte know-how to extend power density and subsequently improve storage capability.
It claims its know-how will improve the efficiency of circulation batteries with a major discount within the funding value per unit of storage.
“Power storage doesn’t need to be depending on the value or availability of metals. Our strategy will change that dependency with one thing globally obtainable, sustainable, and scalable,” stated Kodiaq chief government Dr David Fyfe.
“This funding allows us to maneuver growth to the purpose at which pilot initiatives will reveal how British innovation can ship world options.”
Now engaged on pilot initiatives, the corporate goals to lift a bigger funding spherical in mid-2026 that shall be used to ascertain scaled-up demonstration initiatives throughout varied world markets.
“Kodiaq’s enterprise mannequin combines deep scientific experience with a transparent industrial pathway,” added Fyfe.
“In a market more and more formed by geopolitical and materials constraints, our metal-free chemistry represents each a aggressive edge and a strategic alternative.”
The funding got here from a bunch of over twenty angel backers from the local weather tech and deep tech communities.
