€30 million Series B co-led by DTCF, IKA and WIKA with strong support from the European Innovation Council (EIC) Fund. Company operates a gigafactory with production capacity ready to scale beyond 1.5 GWh and focuses on dry-coating electrode technology for high-performance applications.
About UniverCell
Kiel-based deep tech battery startup developing and producing lithium-ion cells and proprietary dry-coated electrode films for high-performance energy storage applications, scaling to series production in Germany.
Kiel, Germany
Read Company ProfileFrequently Asked Questions
What type of funding round did UniverCell raise?
UniverCell raised a series-b round.
How much did UniverCell raise in its series-b?
UniverCell raised $30,000,000 EUR in its series-b.
Who invested in UniverCell's series-b?
The investors in UniverCell's series-b are: DTCF, IKA, WIKA, European Innovation Council (EIC) Fund.
What type of investment was UniverCell's series-b?
UniverCell's series-b was a equity investment.
How will UniverCell use the funds from its series-b?
UniverCell plans to use the funds for: Scale production capacity, Advance proprietary electrode and cell technologies, Strengthen competitive and sustainable battery cell manufacturing in Europe.