Addionics
3D smart battery electrodes that improve EV battery performance by 20-30%
- CEO / Founder
- Moshiel Biton
- Team Size
- 50-100
- Stage
- Active
- Total Funding
- $79M
- Latest Round
- Series B
- Key Investors
- GM Ventures, Deep Insight Fund, Scania, Union Tech Ventures, Delek Motors, Next Gear Ventures
Technology & Products
Key Products
3D current collectors for lithium-ion batteries, electrode architecture technology
Technological Advantage
Proprietary 3D electrode design enables material reduction and performance gains
Differentiation
Value Proposition
60% reduction in copper/aluminum usage, 20-30% performance improvement vs 2D electrodes
How They Differentiate
Architectural change vs chemistry change - drop-in solution for existing chemistries
Market & Competition
Target Customers
Electric vehicle manufacturers, battery cell producers
Industry Verticals
Electric Vehicles, Automotive, Energy Storage
Competitors
Traditional battery electrode manufacturers, Sila Nanotechnologies, Amprius
Growth & Milestones
Growth Metrics
$50M DOE IRA grant, $400M planned US investment through 2032, US factory by 2027
Major Milestones
2017: Founded, 2022: Previous funding round, 2024: $39M Series B led by GM Ventures, $50M DOE IRA grant, US factory announcement, 2027: Planned mass-scale US production
Notable Customers
GM (investor), Scania (investor)