About Echion Technologies
Echion Technologies is a company based in Cambridge (United Kingdom) founded in 2017 by Jean De La Verpilliere and Alex Groombridge. Echion Technologies has raised $66.65 million across 10 funding rounds from investors including Barclays, CBMM and Newable. The company has 41 employees as of March 31, 2024. Echion Technologies offers products and services including XNO® and Demonstrator Cells. Echion Technologies operates in a competitive market with competitors including Group14 Technologies, Novonix, Addionics, NanoGraf and Sepion Technologies, among others.
- Headquarter Cambridge, United Kingdom
- Employees 41 as on 31 Mar, 2024
- Founders Jean De La Verpilliere, Alex Groombridge
- Stage Minicorn
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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
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- Legal Name Echion Technologies Ltd
- Date of Incorporation 21 Mar, 2017
- Jurisdiction SAWSTON, CAMBRIDGESHIRE, UNITED KINGDOM
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$66.65 M (USD)
in 10 rounds
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Latest Funding Round
$12.54 M (USD), Series B
Nov 14, 2024
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Investors
Barclays
& 10 more
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Employee Count
41
as on Mar 31, 2024
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Products & Services of Echion Technologies
Echion Technologies offers a comprehensive portfolio of products and services, including XNO® and Demonstrator Cells.
Enables fast charging and long cycle life in lithium-ion batteries
Provided for evaluation to manufacturers and OEMs
People of Echion Technologies
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Funding Insights of Echion Technologies
Echion Technologies has successfully raised a total of $66.65M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $12.54 million completed in November 2024. 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.
Investors in Echion Technologies
Echion Technologies has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Barclays, CBMM and Newable.
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Investment in energy storage technologies is facilitated by Volta.
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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Early-stage technology investments are managed by Origin Capital.
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Investor details for Echion Technologies
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Investments & Acquisitions by Echion Technologies
Investment portfolio details for Echion Technologies
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Financial Statements - Echion Technologies
Detailed financials for Echion Technologies
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Echion Technologies Comparisons
Peer comparison for Echion Technologies
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Competitors of Echion Technologies
Echion Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Group14 Technologies, Novonix, Addionics, NanoGraf and Sepion Technologies, among others.
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Manufacturer of advanced silicon battery for clean energy solutions
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High-precision battery testing systems for Li-ion cells are developed.
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3D architecture rechargeable batteries are developed for electric vehicles.
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Silicon-based anode materials for lithium batteries are developed.
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Manufacturer of batteries
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Detailed competitors of Echion Technologies
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Latest news on Echion Technologies
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Frequently Asked Questions about Echion Technologies
Echion Technologies was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Echion Technologies is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Jean De La Verpilliere is the current CEO of Echion Technologies. They have also founded this company.
Echion Technologies is a funded company, having raised a total of $66.65M across 10 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Echion Technologies is 41.
Echion Technologies was founded in 2017 in Cambridge, United Kingdom. Operations focus on the production of electrodes for lithium-ion batteries, primarily for electric vehicle applications. Drop-in technology is employed in material manufacturing to achieve higher energy densities and faster charging rates. The company operates within the advanced battery materials sector, supporting energy storage solutions.
Echion Technologies's top competitors include Group14 Technologies, NanoGraf and Sepion Technologies.
Echion Technologies offers XNO® and Demonstrator Cells.
Echion Technologies has 11 investors. Key investors include Barclays, CBMM, Newable, Cambridge Enterprise, and UK Research and Innovation.
The valuation of Echion Technologies is $194.11M as of Nov 2024.