About ACT-ion
ACT-ion is a company based in Dallas (United States) founded in 2023 by Jin-Myoung Lim.. ACT-ion has raised $11.5 million across 2 funding rounds from investors including BASF, Kyobo Life and KB Investment. ACT-ion offers products and services including Single Crystal Cathode Active Materials and Lithium Battery Materials.
- Headquarter Dallas, United States
- Founders Jin-Myoung Lim
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Act-Ion Battery Technologies
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.5 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Seed
Sep 08, 2025
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Investors
BASF
& 6 more
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Employee Count
Employee Count
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Products & Services of ACT-ion
ACT-ion offers a comprehensive portfolio of products and services, including Single Crystal Cathode Active Materials and Lithium Battery Materials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Surface-engineered materials are manufactured to bring battery performance to advanced levels, focusing on efficiency and cost-effectiveness.
Materials are produced that are more durable, possess higher energy density, and provide enhanced safety for lithium-ion batteries.
Funding Insights of ACT-ion
ACT-ion has successfully raised a total of $11.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $4.0M
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First Round
First Round
(10 Feb 2025)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Seed - ACT-ion | Valuation | Kyobo Life , KB Investment |
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| Feb, 2025 | Amount | Seed - ACT-ion | Valuation | BASF |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ACT-ion
ACT-ion has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include BASF, Kyobo Life and KB Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Arosa Capital Management is engaged in energy sector investments.
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Founded Year | Domain | Location | |
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Investment in early-stage companies across AI, biotech, and cleantech sectors with access to global resources.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ACT-ion
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ACT-ion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Act-Ion Comparisons
Competitors of ACT-ion
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ACT-ion
When was ACT-ion founded?
ACT-ion was founded in 2023 and raised its 1st funding round 2 years after it was founded.
Where is ACT-ion located?
ACT-ion is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of ACT-ion?
Jin-Myoung Lim is the current CEO of ACT-ion. They have also founded this company.
Is ACT-ion a funded company?
ACT-ion is a funded company, having raised a total of $11.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Feb 10, 2025.
What does ACT-ion do?
ACT-ion was founded in 2023 in Dallas, United States, within the advanced materials sector for energy storage. Single crystal cathode active materials for lithium-ion batteries are developed and produced through a continuous manufacturing process. Surfaces of these materials are engineered to enhance battery durability, energy density, and safety. The process is adaptable across various chemistries to meet changing market needs.
What products or services does ACT-ion offer?
ACT-ion offers Single Crystal Cathode Active Materials and Lithium Battery Materials.
Who are ACT-ion's investors?
ACT-ion has 7 investors. Key investors include BASF, Kyobo Life, KB Investment, Hunt Energy Enterprises, and Mirae Asset Capital.