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§ Private Profile · London, United Kingdom
Develops and manufactures 3D current collectors for batteries, enhancing performance, energy density, and charging speed for EVs and electronics.
Addionics is a London-based technology company that develops and manufactures chemistry-agnostic 3D current collectors to improve the energy density, charging speed, and lifespan of rechargeable batteries. The firm supplies its porous copper and aluminum electrode structures to battery cell manufacturers and automotive OEMs across the electric vehicle, defense, aerospace, and consumer electronics sectors. Operating with an estimated 50 to 100 employees, the organization has raised approximately $74.5 million in total venture funding to scale its commercial manufacturing capabilities. This capital includes a recent $39 million Series B round to support the construction of a planned $400 million manufacturing facility in the United States. Addionics is backed by corporate and institutional investors such as GM Ventures, Scania, Magna International, Novelis, and Elron Ventures. The enterprise was founded in 2017 by Moshiel Biton, Farid Tariq, and Vladimir Yufit.
Addionics has raised $73.0M across 4 funding rounds.
Addionics has raised $73.0M in total across 4 funding rounds.
Addionics has raised $73.0M across 4 funding rounds. Most recently, it raised $39.0M Series B in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2024 | $39M Series B | Deep Insight, GM Ventures | 8090 Industries, MizMaa Ventures, Kobi Marenko | Announced |
| Jan 1, 2022 | $27M Series A | Deep Insight | 8090 Industries, DVX Ventures | Announced |
| Apr 1, 2020 | $6M Grant | — | — | Announced |
| Aug 1, 2018 | $1M Seed | — | MizMaa Ventures | Announced |
Addionics is a battery technology company developing advanced 3D Current Collectors that enhance rechargeable battery performance for electric vehicles (EVs) and consumer electronics.[1][2][3][4] These chemistry-agnostic, AI-powered structures enable cheaper, lighter, faster-charging batteries with higher energy density by optimizing current collectors, seamlessly integrating into existing manufacturing lines without capital upgrades.[1][2][3][4] Serving OEMs, automakers, and battery manufacturers across North America and Europe, Addionics addresses critical bottlenecks in EV scaling—such as cost, charging speed, and production efficiency—to accelerate global electrification and net-zero goals, with $79M raised and a new production facility in Tel Aviv signaling strong commercialization momentum.[1][5]
Founded in 2017 and headquartered in London, UK, Addionics emerged from the need for next-generation batteries amid surging EV demand, building on academic concepts of 3D metal structures but pioneering battery-specific manufacturing.[2][3] Dr. Moshiel Biton leads as CEO, driving the company's focus on patented Smart 3D Current Collectors that transform standard copper/aluminum foils into porous, efficient electrodes using recycled materials and precise processes.[1][3][4] Early traction included partnerships with majors like Avery Dennison, patent filings in neural networks and capacitors, and a UKBIC grant for commercialization, culminating in the 2023 inauguration of the world's first advanced 3D current collector production line in Tel Aviv—a pivotal "blue-and-white" milestone blending Israeli innovation with global scale.[1][2][5]
Addionics stands out in battery tech through structural innovation rather than chemistry tweaks, delivering drop-in upgrades for immediate impact:
Addionics rides the EV electrification megatrend, where batteries underpin net-zero targets amid OEMs' race to scale production against rising demand and emission regs.[1][3] Timing is ideal: post-2020 EV tipping point exposes limits of legacy tech, with market forces like supply chain squeezes and sustainability mandates favoring drop-in solutions that boost output without retooling—critical as global battery demand surges.[1][2][4] By enabling cheaper, greener batteries from day one, Addionics influences the ecosystem, partnering with roll-to-roll leaders like Avery Dennison to decarbonize manufacturing and empower automakers, positioning Israel as a battery innovation hub while accelerating widespread adoption of high-performance energy storage.[1][3][5]
Addionics is primed for explosive growth, with its Tel Aviv line and $79M funding fueling global OEM rollouts and potential Series B/C raises to hit mass production.[1][5] Trends like solid-state batteries and recycling mandates will amplify its agnostic design, while AI optimizations and partnerships could capture share in a $100B+ current collector market. Expect influence to expand via supply chain dominance, driving cheaper EVs and broader electrification—transforming the "adequate" batteries of yesterday into the scalable power for tomorrow's sustainable world.[1][2][4]
Addionics has raised $73.0M in total across 4 funding rounds.
Addionics's investors include Deep Insight, GM Ventures, 8090 Industries, MizMaa Ventures, kobi marenko, DVx Ventures.