🌍✨ Nexeon raises £100 million to expand its UK silicon anode operations
Why we’re watching: Oxfordshire-based silicon anode developer Nexeon has closed a £100-million ($133-million) investment round, completed by a £52.6-million ($70-million) commitment from the UK’s National Wealth Fund.
The Korea Development Bank and Honda Xcelerator Ventures, Honda’s open innovation investment program, also came in as new investors. 💚
The round follows the $170 million Nexeon raised in 2022 in a round that included Ingevity.
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🔭 What to watch next
- 📌 Key signal: Oxfordshire-based silicon anode developer Nexeon has closed a £100-million ($133-million) investment round, completed by a £52.6-million ($70-million) commitment from the UK’s National…
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Reporting curated for GreenTV. Original reporting via Charged EVs.