Bedrock Materials is developing sodium-ion battery chemistry that omits lithium and is intended to be substantially cheaper due to sodium's abundance. The company is targeting stagnant downmarket automotive segments first, notably 12-volt starter batteries and lead‑acid replacements, with an eventual goal of moving upmarket toward EV traction batteries as the technology improves. Bedrock says its chemistry addresses brittleness seen in higher-energy sodium formulations, though sodium-ion batteries still have lower energy density than lithium-ion. To validate the chemistry, the company is producing materials for third-party testing and recently opened an R&D facility in Chicago to support development. Founder Spencer Gore, who previously worked at Tesla and Enovix, steered the company to Illinois in part for lower operating costs and proximity to Argonne National Lab research. Financially, Bedrock recently completed a $9 million seed round to fund testing and R&D work.

Total raised

$9M

Funding rounds

1

Latest round

Seed

Latest activity

May 2024