Sion Power

Sion Power

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Overview

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

Industries

Mobile, Energy, Electronics, Electric Vehicle, Battery

Founded

1994

Employees

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.

Employees

imagePlace Mack Treece

Mack Treece

Chief Financial Officer

imagePlace Yuriy Mikhaylik

Yuriy Mikhaylik

Director of Materials Development

imagePlace Michael Canada

Michael Canada

Chief Operations Officer

imagePlace Urs Schoop

Urs Schoop

Chief Technology Officer

imagePlace Jeffrey Britt

Jeffrey Britt

Chief Operating Officer

imagePlace Mark Smith

Mark Smith

CFO

Funding Rounds

Funding rounds

3

Investors

1

Lead Investors

0

Total Funding Amount

$145.0M

Details

1

Sion Power has raised a total of $145.0M in funding over 1 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2024Early Stage Venture75.0M

Investors

Sion Power is funded by 11 investors.

Investor NameLead InvestorFunding RoundPartners
Sion Power-FUNDING ROUND - Sion Power75.0M
LG Energy Solution-FUNDING ROUND - LG Energy Solution75.0M
Sion Power-FUNDING ROUND - Sion Power50.0M
BASF-FUNDING ROUND - BASF50.0M

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