Molyon is developing lithium-sulfur batteries that aim to deliver higher energy density than conventional Li-ion cells by leveraging sulfur and proprietary materials approaches. The company says it utilises MoS2 to address the long-standing problem of sulfur dissolution that causes rapid capacity fade. Molyon was spun out of the University of Cambridge and is positioning its technology for applications that benefit from lighter weight and improved range. Following new funding, the company will expand its core team—battery engineers, materials scientists and operations staff—and begin manufacturing at a pilot facility in Cambridge. In the short term Molyon intends to develop batteries for drones and robots, with wider potential use in EVs, electric mobility and battery storage noted by investors. The article reports no operating metrics beyond the fundraising and planned pilot manufacturing.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2024