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§ Private Profile · Woburn, MA, USA
Develops liquid electrolytes for lithium-ion and lithium-metal batteries, targeting energy storage and electric vehicles.
Feon is a Woburn, Massachusetts-based energy storage startup that develops advanced liquid electrolytes for commercial lithium-ion and lithium-metal batteries. The company utilizes a pharmaceutical-inspired molecule design platform to engineer drop-in electrolyte technologies aimed at improving the energy density, safety, and cost-efficiency of commercial power cells. Originally spun out of extensive research conducted at Stanford University, the enterprise targets battery manufacturers supplying the rapidly expanding global electric vehicle and electrified aviation sectors. To support the ongoing research and commercialization of its non-flammable battery materials, the business successfully secured $6.1 million in early-stage seed funding in June 2024. This initial financing round was backed by a syndicate of institutional venture capital firms that included Eight Roads, Fine Structure Ventures, Foothill Ventures, and MassVentures. Feon was officially founded in 2022 by co-founders Wenxiao Huang and Zhiao Yu.
Feon has raised $6.1M across 1 funding round.
Feon has raised $6.1M in total across 1 funding round.
Feon has raised $6.1M across 1 funding round. Most recently, it raised $6.1M Seed in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 28, 2024 | $6.1M Seed | Fine Structure Ventures | — | Announced |
Feon has raised $6.1M in total across 1 funding round.
Feon's investors include Fine Structure Ventures.