AAdden Energy develops advanced solid-state batteries for electric vehicles. Its core product is a dynamically-stable lithium-metal battery designed to replace traditional lithium-ion cells. The battery can potentially charge in as little as three minutes and endure over 10,000 cycles in laboratory tests, with ongoing efforts to improve low-temperature performance. The company operates with a business-to-business model, targeting automotive OEMs and running a pilot production line to manufacture sample cells for potential customers. Backed by substantial funding and rooted in Harvard University, Adden Energy aims to bring a commercially viable solid-state battery to market that enables faster charging, longer life, and easier adoption of EVs by a wider range of consumers.
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Industries
Company Size
11-50
Company Stage
Series B
Total Funding
$42.3M
Headquarters
Waltham, Massachusetts
Founded
2021
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Total Funding
$42.3M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
According to filings with the U.S. Securities and Exchange Commission, Adden Energy is raising up to $26,641,463.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation
Adden Energy has officially launched a pilot production line to manufacture its dynamic-stability lithium metal solid-state batteries, aiming to advance battery technology with improved energy density, faster charging, and enhanced safety.
Adden Energy, a solid-state battery startup that spun out of Harvard, raised $15 million in Series A funding led by At One Ventures.
Electric Vehicle (EV) adoption is one of the most meaningful steps an individual can take to combat climate change. Yet, current battery performance i
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
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Industries
Company Size
11-50
Company Stage
Series B
Total Funding
$42.3M
Headquarters
Waltham, Massachusetts
Founded
2021
Find jobs on Simplify and start your career today