How much funding has Addionics raised?

Addionics has raised $79M in total funding. Key investors include GM Ventures, Deep Insight Fund, Scania, Union Tech Ventures, Delek Motors, Next Gear Ventures, Avery Dennison, Elron Ventures.

Who is the CEO of Addionics?

Moshiel Biton is the CEO of Addionics. The company was founded in 2017.

Where is Addionics located?

Addionics is headquartered in Tel Aviv, Israel.

What funding stage is Addionics at?

Addionics is currently at the Active stage.

How many employees does Addionics have?

Addionics has approximately 51-200 employees.

Addionics

Name: AM Companies Database
Creator: AMPulse
License: https://creativecommons.org/licenses/by/4.0/

MaterialsTel Aviv, IsraelFounded 2017· One of 961 Materials companies tracked by AMPulse

3D smart battery electrodes that improve EV battery performance by 20-30%

CEO / Founder: Moshiel Biton
Team Size: 51-200
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, Avery Dennison, Elron Ventures

Technology & Products

Key Products

3D smart battery electrodes, 3D Current Collector manufacturing technology, Smart Metals platform.

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, Defense/Space

Competitors

StoreDot, Sila, Solid Power

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)

https://addionics.com

Why this company matters

Addionics has developed a 3D current collector architecture for lithium-ion batteries that replaces conventional flat copper and aluminum foils with a porous, three-dimensional metal structure. The design is produced using metal additive manufacturing and is intended as a drop-in replacement for existing electrode manufacturing lines, meaning battery cell producers can adopt the technology without reformulating their cathode or anode chemistries.

The company reports that its 3D electrodes improve battery performance by 20 to 30 percent while reducing copper and aluminum usage by up to 60 percent. These gains come from increased surface area and better current distribution within the electrode, which can enable faster charging, higher energy density, and longer cycle life. Addionics targets electric vehicle manufacturers and battery cell producers as its primary customers.

Addionics has raised $79 million in total funding, including a $39 million Series B in 2024 led by GM Ventures, with participation from Scania and other investors. It also received a $50 million grant from the U.S. Department of Energy under the IRA and plans to invest $400 million in U.S. production, with a mass-scale factory targeted for 2027. The company holds 16 global patents, the majority active, covering its 3D current collector manufacturing process and electrode design.

The company competes with next-generation battery developers such as StoreDot, Sila, and Solid Power, but differentiates by focusing on electrode architecture rather than novel chemistries. This approach may reduce integration risk for existing battery manufacturers, though scaling production of 3D metal structures at competitive cost remains an open challenge.