Anaphite raises £1.2m to develop graphene-enhanced battery technology for electric vehicles.
The round was led by Zero Carbon Capital with participation from Bristol Private Equity Club, Syndicate Room, and angel investors.
Share allotment filed at Companies House
Bristol-based Anaphite develops techniques for integrating graphene into lithium-ion batteries to improve electric vehicle performance.
Anaphite has raised £1.2m in a funding round led by Zero Carbon Capital to advance its graphene technology for lithium-ion batteries. The capital will support the commercialisation of innovations designed to lower the cost and reduce the charging times of electric vehicle batteries. Additional participants in the round include Bristol Private Equity Club, Syndicate Room, and a group of angel investors.
The Bristol-based startup aims to accelerate the transition to zero-emissions transport by removing key purchase barriers for electric vehicles. Its production process is designed to integrate into existing manufacturing lines to enable rapid scaling across the industry.
From the founder
"Our production process is inherently scalable to the levels required to make a real dent in this rapidly growing industry, hopefully increasing our chances in the ongoing battle with climate change."
Alex Hewitt
founder at Anaphite
Investor perspective
"Adoption of electric vehicles is a key part of the critical journey to net-zero emissions. Anaphite’s innovative technology will reduce the cost and charging time of EV batteries, removing two of the key purchase barriers. Sam and Alex are amazing scientists working in a deeply technical area and we’re excited to be partners on their journey toward commercialisation."
Pippa Gawley
Managing Director, Zero Carbon Capital
Use of funds
- 01Fund research and development
- 02Build out infrastructure
