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Sion Power is the global leader in the development of a new generation of high-energy, rechargeable lithium batteries for portable power, mobile electronics, and electric vehicles. Based on the five times higher energy available from sulfur ions compared to other lithium chemistries, Sion Power's lithium-sulfur cell offers significant improvements in performance over current rechargeable batteries.
Sion Power is advancing the rechargeable battery industry through its groundbreaking Licerion® technology. Licerion represents a sophisticated evolution in lithium-metal batteries, boasting twice the energy density within the same size and weight as traditional lithium-ion batteries. With an impressive energy density of up to 500 Wh/kg, Licerion batteries are manufactured at scale in large-format cells. This innovation holds the promise of substantially improving the performance of electric vehicles for both commercial and consumer use.
About
Mobile, Energy, Electronics, Electric Vehicle, Battery
1994
101-250
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Sion Power headquartered in United States, North America, operates in the Mobile, Energy, Electronics, Electric Vehicle, Battery sector. The company focuses on Mobile and has secured $8.7B in funding across 60 round(s). With a team of 101-250 employees, Sion Power is actively contributing to advancements in Mobile. Their latest funding round, Corporate Round - Sion Power, raised $50.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
3
1
0
$145.0M
Details
1
Sion Power has raised a total of $145.0M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2024 | Early Stage Venture | 75.0M |
Investors
Sion Power is funded by 11 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Sion Power | - | FUNDING ROUND - Sion Power | 75.0M |
LG Energy Solution | - | FUNDING ROUND - LG Energy Solution | 75.0M |
Sion Power | - | FUNDING ROUND - Sion Power | 50.0M |
BASF | - | FUNDING ROUND - BASF | 50.0M |
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