Addionics is a technology company.
Addionics is a leading manufacturer of Smart 3D Current Collectors powering the next generation of batteries. Their technology enhances battery performance by revolutionizing battery structure.
Addionics has raised $67.0M across 3 funding rounds.
Addionics has raised $67.0M in total across 3 funding rounds.
Addionics has raised $67.0M in total across 3 funding rounds.
Addionics's investors include 8090 Industries, Deep Insight, MizMaa Ventures, kobi marenko, DVx Ventures.
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 $67.0M across 3 funding rounds. Most recently, it raised $39.0M Series B in July 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2024 | $39.0M Series B | 8090 Industries, Deep Insight, MizMaa Ventures, kobi marenko | |
| Jan 1, 2022 | $27.0M Series A | 8090 Industries, DVx Ventures | |
| Aug 1, 2018 | $1.0M Seed | MizMaa Ventures |