Deals Counterparts

Altris AB

company 1 Deal 1 Partner

Altris AB is a Swedish technology company specializing in the development and manufacturing of Fennac, a unique sodium-ion battery cathode material. Founded in 2017 as a spin-off from Uppsala University, Altris aims to provide sustainable, safe, and cost-effective energy storage solutions for various applications, contributing to the global energy transition.

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Founded 2017
Battery Technology CompanyOEM/Equipment

Strategic Overview

  • Altris AB is focused on scaling up the production of its sodium-ion battery cathode material, Fennac, to meet growing demand for sustainable energy storage.
  • The company is actively pursuing strategic partnerships with battery manufacturers and industrial players to integrate its technology into the global supply chain.
  • Their technology aims to offer a safer, more cost-effective, and environmentally friendly alternative to lithium-ion batteries, particularly for stationary storage and certain mobility applications.

Deal Activity from Public Sources

Altris AB raises €10M in Series A extension funding round
Financing Battery Storage Sweden September 2023 with EIT InnoEnergy
Altris AB and Stora Enso sign Letter of Intent for sustainable battery materials
Partnership Battery Storage Sweden May 2023 with Stora Enso
Altris AB raises €9.6M in Series A funding round
Financing Battery Storage Sweden September 2022 with EIT InnoEnergy
Altris AB and Northvolt sign Letter of Intent for sodium-ion battery materials
Partnership Battery Storage Sweden September 2022 with Northvolt

Investment Focus

Technologies
Storage1
Geography
Czech Republic1

Key People

Björn Magnusson
CEO
Tim Nordh
CTO
Adam Dahlqvist
CCO
Karin Edström
Co-founder, Board Member
Jon Pettersson
Co-founder, Board Member

Track Record

7
Years Active

Detailed Analysis

Technologies
Battery Storage
Sectors
Energy Transition
Geographies
SwedenWestern EuropeGlobal
Track Altris AB