How much funding has Altris AB raised?

Altris AB has raised $25.7M in total funding, most recently a Series B round.

Who are Altris AB's investors?

Altris AB's investors include Clarios, Maersk Growth, Molindo Energy, Volvo Cars Technology Fund, European Innovation Council Fund.

Where is Altris AB headquartered?

Altris AB is headquartered in Uppsala, Sweden.

What industry is Altris AB in?

Altris AB operates in Climate Tech.

Altris AB

The European sodium-ion standard

Uppsala, Sweden · Founded 2017 · $25.7M raised

Climate Tech

Headquarters: Uppsala
Employees: 11–50
Founded: 2017
Business Model: B2B

Website: altris.se
Total Funding: $25.7M
Last Round: $15.2M Series BOct 2024
Rounds: 2

About

Altris AB is a Swedish deep-tech company that manufactures Prussian White, a patented cathode active material (sold as Fennac) that makes sodium-ion batteries commercially viable. Founded in 2017 as a spinout from Uppsala University, Altris develops and licenses sodium-ion battery technology for energy storage, automotive, grid, defence, and data center applications. The company secured 150 MSEK in Series B1 funding in 2024 and operates a pilot production plant in Uppsala, targeting European supply chain independence from lithium and cobalt.

Summary

Altris AB is a Climate Tech company based in Uppsala, Sweden, founded in 2017. It has raised $25.7M in total across 2 rounds, most recently a $15.2M Series B round in Oct 2024. Investors include Clarios, Maersk Growth and Molindo Energy.