Natron Energy produces sodium‑ion battery products using a Prussian blue electrode chemistry for industrial power applications including critical backup power, EV fast charging, and behind‑the‑meter use. Its cells are UL 1973 listed and are claimed to offer higher power density, faster recharge, significantly longer cycle life, and improved safety versus incumbent technologies. Natron builds its batteries using commodity materials on existing cell manufacturing lines in Michigan, USA, and its supply chain requires no lithium, cobalt, copper, nickel, or other difficult‑to‑source minerals. The company plans to accelerate production and advance plans for the world’s first mass production of sodium‑ion batteries. Management says the technology is being expanded into oil and gas and alternative energy markets to support carbon reduction initiatives. Recent investments from strategic energy players have supported these expansion and production goals. Natron Energy develops sodium‑ion batteries that use a Prussian‑blue electrode chemistry. Its primary product is an 8 kW, 50 V battery tray designed for use in data centers. The company is focused on commercialization and de‑risking its supply chain while scaling production. In July it raised $35 million in a Series D led by ABB Technology Ventures, NanoDimension Capital and Volta Energy Technologies, with returning backers including Chevron, Khosla Ventures, Fluxus Ventures and Prelude Ventures. The U.S. Department of Energy’s ARPA‑E SCALEUP program awarded Natron $19.8 million to scale production 30x and further de‑risk its products and supply chain. Those capital and government supports are intended to advance manufacturing scale and broader commercial deployment of its sodium‑ion battery trays. Natron Energy develops high-power, long-life and low-cost sodium-ion batteries based on Prussian Blue chemistry for industrial and grid energy storage. Its products target data center, telecom, network, edge/distributed computing, hyperscale data centers and industrial backup applications. The company emphasizes safety and sustainability — its batteries are UL 1973 recognized and are promoted as having none of the fire, explosive gas or thermal runaway risks associated with lithium or lead. Natron builds cells using commodity materials on existing cell manufacturing lines so production can be scaled without new factories and can be produced with locally sourced materials. The company says the funding will accelerate production to meet increasing market demand and enable integrations into critical infrastructure systems. Financially, Natron raised $35 million in a Series D, bringing total funding since inception past $70 million. Natron Energy develops battery products based on Prussian Blue electrode chemistry for a variety of energy storage applications. Led by CEO Colin Wessells, the company targets critical backup power, material handling, behind-the-meter systems, and renewables support. It intends to deploy technology for stationary energy storage systems to manage demand charges at EV charging stations. The company was founded in 2012 as Alveo Energy as a spin‑out from Stanford research and is based in Santa Clara, CA. Natron is backed by venture capital investors and has received support from the U.S. Department of Energy’s ARPA‑E. The company closed a strategic investment with Chevron Technology Ventures to advance its product development.

Total raised

$55M

Funding rounds

4

Latest round

Grant

Latest activity

Sep 2020