About
EExion’s technology is redefining how large-scale batteries are designed, manufactured, and deployed in stationary applications. By harnessing a proprietary modified carbon cathode, EExion’s Molecular Battery delivers a significant cost-efficiency, scalability, and operational performance—qualities that are critical for powering renewable fields and modern grids. Traditional batteries often rely on scarce metals (like LFP) and complex supply chains, leading to price volatility and environmental concerns. EExion’s carbon-based solution circumvents these challenges, delivering a robust, sustainable alternative that supports the growing global shift toward renewable energy. EExion’s advanced cell architecture and streamlined production process deliver exceptional yield at scale, allowing to rapidly address surging demand while significantly reducing costs and upholding rigorous performance standards. Technology & Product uniqueness: • Metal-free cathode—no cobalt, no nickel, no graphite, and even no iron phosphate • Proprietary modified activated carbon (using widely available materials), compatible with Li, Na, Zn chemistries • Competitive prices of $17/kWh BOM, full cell target cost: $32/kWh • Endless lifetime with 10,000+ cycles @ 100% DoD, close-to-zero degradation with no dendrites • Enables the first fully recyclable cell technology (recyclable economy), lowering disposal costs and significantly reducing environmental impact • A drop-in manufacturing compatibility with existing Li-ion infrastructure • Exceptional performance tradeoff (energy density (240Wh/Kg) to price to degradation)
Funding history · 3 rounds · $2.4M total
Company Intelligence Q&A
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- When was EExion founded and where is its headquarters located?
- EExion was founded in April 2022 and is headquartered in Petah Tikva, Israel.
- What is EExion's core technology?
- EExion's core technology involves a proprietary modified carbon cathode for large-scale batteries, designed to be metal-free and compatible with Li, Na, and Zn chemistries.
- What is the primary benefit of EExion's carbon-based battery solution?
- EExion's carbon-based solution aims to eliminate reliance on scarce metals like cobalt, nickel, graphite, and iron phosphate, addressing price volatility and environmental concerns associated with traditional batteries.
- What is the expected lifetime and degradation of EExion's Molecular Battery?
- EExion's Molecular Battery is designed for an endless lifetime with over 10,000 cycles at 100% Depth of Discharge (DoD) and close-to-zero degradation, without dendrite formation.
- What is the target cost for EExion's full cell battery?
- EExion targets a competitive Bill of Materials (BOM) price of $17/kWh and a full cell cost of $32/kWh.
- How many employees does EExion currently have?
- EExion currently has 13 employees.
- What was EExion's total raised capital as of its last reported funding?
- EExion has raised a total of $2,400,000 USD across its funding rounds. For a full financing history, please refer to startupim.
- When did EExion complete its first Pre-Seed funding round and who were the lead investors?
- In August 2022, EExion completed a Pre-Seed funding round of $2,100,000 USD, with Capital Nature as a lead investor.
- Which investors participated in EExion's Pre-Seed round in February 2023?
- In February 2023, Capital Nature, Climate Capital, and 4WARD participated in EExion's Pre-Seed funding round.
- What is EExion's current funding stage?
- EExion is currently in its Seed funding stage, with the latest round announced in May 2025.