About Nexeon
Nexeon is an Energy & Utilities company based in Abingdon (United Kingdom) founded in 2006 by Max Welling, Chad Chad Edwards, and Mino Green. It operates as a silicon-based anode technology for Li-ion batteries is provided. Nexeon has raised $305.15 million across 4 funding rounds from investors including Daishin Securities, Shinhan Securities and Mobility Innovators. The company has 69 employees. Its chief executive is Chad Chad Edwards. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Secondary Battery. Its legal entity is NEXEON LIMITED. Its competitors include SunPower, Amprius Technologies, Enovix, Thermophoton and ORLIB and 2 more; 3 of its 7 listed competitors have raised funding.
Company details
Nexeon was founded in 2006 and is based in Abingdon, United Kingdom. Operations focus on the development and supply of silicon-based anode materials for lithium-ion batteries, replacing traditional graphite anodes. The technology is targeted at enhancing battery performance in the energy storage sector. Key personnel include co-founders Max Welling as CTO, Chad Edwards as CEO, and Mino Green.
- Headquarters Abingdon, United Kingdom
- Employees 69
- Founders Max Welling, Chad Chad Edwards, Mino Green
- SectorsEnergy & Utilities
- Website nexeonglobal.com
- Social LinkedIn
- Legal Name Nexeon Limited
- Date of Incorporation 22 Feb, 2006
- Jurisdiction ABINGDON, OXFORDSHIRE
- Total Equity Funding$305.15M (USD)
in 4 rounds
- Latest Funding Round$135.15M (USD), Series C
Aug 2026
- InvestorsDaishin Securities
& 7 more
- Employee Count69
Funding Insights of Nexeon
Nexeon has successfully raised a total of $305.15M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $135.15 million completed in August 2026. 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 $305.15M
- Total Rounds 4
- Last Round Series C — $135.15M
- First Round $80M
(Jan 2022)
- Investors Count 8
All 4 funding rounds of Nexeon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $135.15M | Series C | – | – | |
| May 2026 | – | Series C | – | – | |
| Aug 2022 | $90M | Series C | – | Daishin Securities, Shinhan Securities Vietnam | – |
| Jan 2022 | $80M | Series C | – | SKC |
8 investors in total: 8 institutional.
Investors in Nexeon
Nexeon has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Daishin Securities, Shinhan Securities and Mobility Innovators.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cross-border investments are managed by SJL Partners in key regions. | – | sjlpartners.com | Seoul, Korea | |
- | – | hondainnovations.com | - | |
Investment banking firm based out of Korea | 1962 | daishin.com | Seoul, South Korea | |
- | – | skc.kr | - | |
- | – | global.honda | - | |
- | – | kdb.co.kr | - | |
Shinhan Securities Vietnam is engaged in stock brokerage and financial services. | – | shinhansec.com.vn | Ho Chi Minh City, Vietnam | |
Platform for mobility innovation, including podcasts, reports, and industry connections. | 2022 | mobility-innovators.com | Toronto, Canada |
Investor details for Nexeon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Nexeon
3 people are tracked at Nexeon (3 in leadership); the tracked headcount is 69.
| Name | Role | Group |
|---|---|---|
Max Welling | Co-Founder & CTO | Leadership |
Chad Chad Edwards | Co-Founder & CEO | Leadership |
Mino Green | Co-Founder | Leadership |
Complete people profiles for Nexeon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Nexeon
3 dated milestones of Nexeon across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Nexeon is founded.
- Funding First funding round of $80.0M.
- Funding Latest funding round, Series C, of $135.2M.
Competitors of Nexeon
Nexeon has 7 listed competitors in our database, 3 of them funded. They include SunPower, Amprius Technologies, Enovix, Thermophoton and ORLIB, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sunpower.com | 1985 | San Jose, United States | $171.73M | 1,889 | Silicon-based solar PV modules are manufactured for diverse applications. | |
| amprius.com | 2009 | Fremont, United States | $55M | 64 | Silicon nanowire-based Li-Ion batteries are developed for high energy density. | |
| enovix.com | 2006 | Fremont, United States | $125.03M | 332 | Lithium-ion battery cells are developed with 3D silicon anode technology. | |
| thermophoton.com | 2021 | Madrid, Spain | – | – | Silicon-based batteries are offered via an online platform by Thermophoton. | |
| orlib.jp | 2018 | Koto, Japan | – | – | Lithium-ion and silicon battery solutions are provided. | |
| starsight.io | 2022 | San Jose, United States | – | – | Online platform offering silicon-based batteries | |
| xnrgi.com | 1999 | Bothell, United States | – | 1 | Silicon chip-based lithium metal rechargeable battery technology is developed. |
Detailed competitors of Nexeon
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Nexeon
The website of Nexeon (nexeonglobal.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 176.9% vs previous month
Top companies in Energy Storage Systems
10 companies that operate in the same segment as Nexeon (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Nexeon
Complete news archive for Nexeon
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nexeon
Nexeon was founded in 2006 and raised its 1st funding round 16 years after it was founded.
Nexeon is headquartered in Abingdon, United Kingdom. It is registered at Abingdon, Oxfordshire, United Kingdom.
Chad Chad Edwards is the current CEO of Nexeon. They have also founded this company.
Nexeon is a funded company, having raised a total of $305.15M across 4 funding rounds to date. The company's 1st funding round was a Series C of $80M, raised on Jan 2022.
Nexeon has 69 employees.
Nexeon was founded in 2006 and is based in Abingdon, United Kingdom. Operations focus on the development and supply of silicon-based anode materials for lithium-ion batteries, replacing traditional graphite anodes. The technology is targeted at enhancing battery performance in the energy storage sector. Key personnel include co-founders Max Welling as CTO, Chad Edwards as CEO, and Mino Green.
Nexeon's top competitors include SunPower, Enovix and Amprius Technologies.
Nexeon has 8 investors. Key investors include Daishin Securities, Shinhan Securities, Mobility Innovators, SKC, and SJL Partners.
Nexeon operates through Nexeon Limited.