Altris AB Secures €15M to Accelerate Sustainable Innovation in Sodium-Ion Battery Technology

Altris AB is proud to announce that it has successfully raised 15,000,000 to further advance its groundbreaking sodium-ion battery technologies. As a leading innovator in the energy storage sector, Altris is on a mission to enable high-performance batteries that accelerate the global energy transition, without adding extra environmental or financial burdens on customers. This significant funding milestone will empower the company to ramp up its production of Fennac®, the state-of-the-art cathode material that serves as a cornerstone for more efficient and sustainable battery designs. By investing in both research and state-of-the-art manufacturing capabilities, Altris is well-positioned to meet growing demand across diverse energy storage and transport applications. The new capital will not only drive development of improved battery systems but also support the licensing of proprietary battery designs that are set to revolutionize industries such as electric mobility and grid storage. With its robust portfolio of sodium-ion solutions, Altris is challenging traditional lithium-based technologies by offering an environmentally friendly and cost-effective alternative that aligns with the urgent need to reduce the carbon footprint. Strategic investments in production capacity and innovative research initiatives will enable the company to continue scaling, reaching new markets, and providing businesses and communities with sustainable energy options. This funding represents a major vote of confidence in the technology and mission of Altris AB as it pioneers new pathways in renewable energy and sustainable development. The company is excited about the future, confident that its pioneering approach will remain at the forefront of revolutionizing energy storage for a cleaner, more resilient world.