Products
Nexeon completes €116.7 million round for UK battery-materials expansion
Image: Primary Nexeon completed a €116.7 million investment round, including €61.4 million from the UK National Wealth Fund, according to EU-Startups. The Oxfordshire battery-materials company said the funding will support domestic expansion and a UK pilot manufacturing facility for its silicon-based battery materials. It said the pilot will support research and development and expansion of its manufacturing technology unit. The account presents the claimed battery-performance benefits as Nexeon's own statements.
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This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
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