Altris AB
The European sodium-ion standard
Uppsala, Sweden · Founded 2017 · $25.7M raised
- 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.
Tech & App Stack
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Funding History
Oct 2024
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Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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