Addionics Raises $39M for Global Expansion and US Giga-Factory

Addionics raises $39M in Series B Funding

Addionics (Linkedin), a battery technology company based in Israel, has secured $39M in Series B funding to revolutionize battery performance and production capacity. With partnerships across North America and Europe, Addionics aims to enhance battery technology for major OEMs and automakers.

Funding Amount: $39 million

Industry: Appliances, Electrical, and Electronics Manufacturing

Employee Count: 11-50

CEO: Moshiel Biton (CEO Linkedin)

What Addionics needs to buy: Battery manufacturers, automakers, and OEMs are ideal partners for Addionics. These companies can support Addionics in expanding their global team, enhancing manufacturing capabilities, and integrating their innovative 3D Current Collectors into production processes. Collaboration with Addionics will enable partners to improve battery performance and increase production capacity.