Molyon Develops Li-S Batteries
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•Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly | TechCrunch
77% Informative
Cambridge University spin-out Molyon is developing next-gen lithium-sulfur ( Li-S ) batteries.
Li-S batteries hold promise of much better performance, thanks to higher energy density compared to Li -ion cells.
But commercialization has stumbled because sulfur reacts inside the battery and ends up accelerating cell degradation, meaning these high energy batteries have historically burnt out fast.
The startup plans to commercialize the technology over the next few years .
Molyon is announcing a $4.6 million seed round co-led by European deep tech and early stage investors IQ Capital and Plural to work towards building a pilot production facility that can produce prototype Li-S batteries to demo to the market and wow potential clients.
One early focus for demoing applications of the battery will be drones and robots.
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