LINA is a technology company.
LINA has raised $2.0M across 1 funding round.
LINA has raised $2.0M in total across 1 funding round.
LiNa Energy is a UK-based technology company developing low-cost solid-state sodium batteries as a safer, more sustainable alternative to lithium-ion batteries, targeting the renewable energy storage market.[2][1] Founded in 2017 and headquartered in Lancaster, England, it focuses on sodium-metal-chloride chemistry with a patented planar design using ultra-thin solid ceramic electrolytes, enabling high energy density, inherent safety, and manufacturing costs under $50/kWh—half that of lithium-ion.[2][4][1] The company serves sectors needing grid-scale storage for renewables, with products validated through independent tests and a £3M late-seed funding round to accelerate commercialization.[3]
Its batteries eliminate cobalt and lithium, using abundant local materials for ethical supply chains, and achieve 92%+ round-trip efficiency via passive thermal management at 250°C, avoiding liquid cooling.[2][4] With 29 employees and $8.8M revenue, LiNa demonstrates growth via milestones like successful BESS demos with partners like ion Ventures.[3]
LiNa Energy was founded in 2017 by experts in ceramics and electrochemistry who combined their knowledge to tackle energy storage challenges amid the push for Net Zero.[2][1] Based in Lancaster, UK, the company emerged from applying modern materials science—rooted in 1980s sodium chemistry and fuel cell ceramics—to create scalable solid-state sodium batteries.[4]
Early traction included filing 4 patents in electrochemistry, electrodes, and energy storage, plus independent validation of its technology.[1][2] Pivotal moments feature a 2022 demonstration of sodium-ion BESS with ion Ventures and a £3M late-seed round in late 2022 (primarily from existing investors) to automate assembly, develop next-gen electrolytes, and prep for manufacturing scale-up.[3]
LiNa Energy rides the global shift to renewables and Net Zero, where lithium-ion shortages, high costs, and safety risks hinder grid storage for intermittent solar/wind.[2] Its timing aligns with surging demand for sodium-ion tech—abundant raw materials sidestep lithium supply chain volatility amid EV and grid booms—positioning it against competitors like Natron Energy or HiNa Battery.[1]
Market forces favor it: EU/UK green mandates, falling renewable costs, and BESS growth (projected to dominate by 2030) amplify its low-cost, safe profile for peak shaving and microgrids.[3][4] LiNa influences the ecosystem by accelerating commercialization of non-lithium storage, enabling faster renewable integration and reducing reliance on geopolitically sensitive minerals.[2]
LiNa Energy is primed to scale manufacturing post-£3M funding, targeting pre-FEED studies and automation for commercial BESS rollout by 2026.[3] Trends like AI-driven data center power needs, EV grid strain, and policy-driven sodium adoption will propel it, potentially capturing share in a $100B+ storage market.
Its influence may evolve from innovator to key supplier, powering Net Zero via ethical, affordable tech—reinforcing its role as the sustainable leap beyond lithium limits.[2]
LINA has raised $2.0M in total across 1 funding round.
LINA's investors include Founder Collective, MSW Capital, Salesforce Ventures.
LINA has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in January 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2024 | $2.0M Seed | Founder Collective, MSW Capital, Salesforce Ventures |