Co-Founder
Profile summary: PhD in Inorganic Chemistry at Uppsala University
Altris
Altris develops sodium-ion batteries using a patented cathode manufacturing process that utilizes abundant raw materials like salt, wood, and iron, ensuring a minimal carbon footprint. The company's technology addresses the need for safer, sustainable energy storage solutions with competitive energy density and long cycle life, suitable for various applications including energy storage and transportation.
- Battery Technology
- Clean Technology
Updated 7 months ago
Funding
Raised to date
$32.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
$27.2M across 3 disclosed rounds
CEIEUSE$14.5M · Series B
Announced Oct 2024
Disclosed cumulative: $27.2M
3/3
Reported total $32.5M
Incomplete round history. $5.3M of the $32.5M reported total isn’t matched to a known round.
RoundDateAmountValuationInvestors
Founders
Product
Problem
The increasing demand for energy storage solutions requires alternatives to lithium-ion batteries, which rely on scarce resources and can pose environmental concerns. There is a need for battery technologies that utilize more abundant, sustainable materials while maintaining competitive performance and safety.
Solution
Altris is developing sodium-ion battery technology based on a patented Prussian White cathode material derived from readily available resources such as salt, wood, and iron. This approach offers a sustainable and cost-effective alternative to lithium-ion batteries, reducing reliance on conflict minerals and minimizing environmental impact. Altris provides sodium-ion cathodes, electrolytes, cell designs, and factory blueprints to enable mass-market battery production. The company also offers commercial battery cells for select niche applications.
Target Audience
Altris targets the energy storage, low voltage mobile applications, and maritime markets, offering solutions for stationary storage, electric vehicles, and marine applications.
Features
- Patented Prussian White cathode material enabling high capacity and long cycle life
- Sodium-ion technology utilizing abundant and sustainable raw materials
- High energy density comparable to Lithium Iron Phosphate (LFP) batteries
- Excellent safety performance with flexible working temperatures
- Compatible with existing lithium-ion battery manufacturing infrastructure
- Electrolyte and cell design expertise for optimized battery performance
- Factory blueprints for scalable sodium-ion battery production