Battery startup Addionics closes USD27 million series-A funding round

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Addionics is focused on redesigning battery architectures, replacing the electrode’s traditional 2D layered structure with an integrated 3D structure

Israel-based battery technology startup Addionics has raised USD27 million in a series-A funding round, which was led by Deep Insight—a deep tech investment firm founded and backed by Jeff Horing, the founder of Insight Partners, together with Catalyst Fund, Delek Motors, and Dr. Boaz Schwartz—the company announced on 25 January 2022.

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