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Inorganic Chemicals

Niobium-tungsten anode firm Nyobolt raises $54 million from H.C. Starck

by Alex Scott
July 23, 2022 | A version of this story appeared in Volume 100, Issue 26
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Most Popular in Business

 

Batteries containing tungsten
Credit: PRNewsfoto/Masan High-Tech Materials
Nyobolt says its lithium-ion batteries offer ultrafast charge capabilities.

Nyobolt, a UK start-up developing a lithium-​ion battery with tungsten and niobium in the anode, has sold a 15% stake to H.C. Starck Tungsten Powders, part of Masan High-Tech Materials, for $54 million. Nyobolt was cofounded by University of Cambridge chemist Clare Grey. The firm claims that its anode outperforms standard graphite anodes in a number of ways, including enabling batteries to reach a 90% charge in less than 5 min.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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