Exergon is an industrial decarbonisation fund launched by Audacia to support innovative technologies including energy storage and new nuclear power.
Portfolio
1
companies
Eos Advisory and Mercia Ventures led the round, which will fund pilot tests and relocation to a new Coventry facility.
"While we’ve kept our most exciting breakthroughs in stealth, this funding will help us enhance the performance of sodium-ion batteries and bring the benefits to a mainstream audience. Watch this space"
The financing round was backed by strategic e-mobility funds to accelerate the development of sodium battery technology.
"On behalf of our entire team, I am delighted to announce the completion of this pre-seed fund raise and would like to thank our expert strategic investors for their vision and full support. Our quasi-solid-state sodium battery offers significant cost, sustainability, and safety benefits for the BEV industry. TaiSan’s novel electrolyte and anode innovations will bring this chemistry to the next level – batteries becoming smaller, lighter, with best-in-class energy density, and major cost savings too. Our new investment will allow us to ramp-up development and we will be announcing some game-changing results in the very near future. Watch this space."
