Adden Energy is developing the world's fastest lithium metal batteries based on novel self-healing solid-state battery technology. Targeting the Electric Vehicle market, Adden Energy's batteries can double the driving range while cutting the charge-times to as fast as gas. Adden Energy's mission is to enable everyone to adopt electric vehicles by reaching parity or better with the internal combustion engine in every consumer-facing dimension, including price. The increased energy density reduces the amount of materials needed and thereby reduces costs by 30% or more.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/23/24 | $15,000,000 | Series A |
At One Ventures Mass Ventures Primavera Capital Rhapsody Venture Partners | undisclosed |
