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Energy Storage

Sodium-ion battery start-up Natron raises $35 million

by Alex Scott
July 18, 2020 | APPEARED IN VOLUME 98, ISSUE 28

 

09828-buscon13-natron.jpg
Credit: Natron
A technician tests batteries at Natron's lab in Santa Clara, California.

Natron Energy, a developer of batteries featuring sodium-ion electrolyte and Prussian blue dye to enhance the performance of its electrodes, has raised $35 million in series D funding. Investors include Chevron and ABB Technology Ventures. Spun out from Stanford University in 2012, Natron will use the cash to expand its manufacturing capacity 10-fold. The firm’s batteries are used to power devices in the data and telecom sectors.

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