Belgian startup raises €10-million, plans to bring solid-state battery to market

SOLiTHOR, a spin-off company from the Belgian research organization Imec, recently raised €10 million in a seed investment round led by Imec. The company will use the proceeds to develop and commercialize its solid-state battery cell technology.

Imec has been investing in solid-state battery tech for 10 years, and aims to enable an assembly process that is compatible with existing Li-ion battery production lines.

SOLiTHOR’s team of international scientists is based at Leuven and the Energyville innovation hub in Genk, Belgium, where it has a pilot battery production line.

“SOLiTHOR’s technology is unique and is based on breakthrough chemistry and components—the nano-solid composite electrolyte and the nano-anode,” said Huw Hampson-Jones, founder and CEO of SOLiTHOR. “This revolutionary technology will improve energy density [and] charging speeds, increase safety, [and] be far easier to manufacture than other solid-state batteries.”

Source: Imec