Getafe-based Floatech has successfully raised €1 million in funding to enhance its silicon anodes for lithium-ion batteries. The investment will be allocated towards scaling production, increasing battery output, and validating technology in diverse industrial settings. Led by CEO Fernando Celaya, the company's Si⋮Coil battery platform aims to boost charging speed and range while minimizing environmental impact. Floatech's innovative manufacturing process eliminates solvents and polymers, aligning with sustainability goals. This is a critical step for the company, originally a spin-off of the IMDEA Materials Institute, as it strives to penetrate various sectors including electric transport and personal electronics.
Floatech CEO, Fernando Celaya, mentions in a statement, "This round gives us the necessary impetus to bring our technology to market in industrial conditions."
The funding will also support efforts to validate the technology in various industrial settings.
Floatech focuses on lithium-ion battery components, with a core technology centred on silicon anodes. These anodes are produced through a process that excludes solvents and polymers.
Floatech's approach targets multiple sectors, including electric transport, personal electronics, and light aviation.
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