Avery Dennison has backed Addionics in a Series B round to support manufacturing scale and commercialisation.
Addionics
Addionics manufactures 3D current collectors that improve battery performance.
$50.4MTotal raised
Addionics manufactures smart 3D current collectors designed to enhance battery performance while reducing production costs. The technology integrates into existing manufacturing lines to improve capacity, safety, and charging times across various battery chemistries.
Filed accounts
Shareholders' funds
Members only
Current assets
Members only
Profit for the year
Members only
Employees
Members only
Cash, assets and headcount from Addionics's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Categories
Founders
Moshiel Biton
CEO and co-founder
Moshiel serves as chief executive and co-founder of Addionics. He previously held research and academic roles at Imperial College London, Kyoto University, and Ben Gurion University.
LinkedInInvestors
- £30.3M
- £20.1M
Funding history
£30.3M
The financing round was co-led by GM Ventures and Deep Insight to support operational growth and manufacturing expansion.
£20.1M
Deep Insight led the Series A round to support commercialisation and team expansion.