Adden 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.
Company Size
11-50
Company Stage
Series B
Total Funding
$42.3M
Headquarters
Waltham, Massachusetts
Founded
2021
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