EExion

Company Overview

Snapshot

Founded in April 2022 by Prof. Doron Aurbach and David Malka, EExion operates with 11–50 employees. The company has raised $2.4M across three funding rounds from five investors, with Capital Nature leading a Pre-Seed round in February 2023.

Business overview

EExion is an Energy Tech company focused on redefining large-scale battery design and deployment for stationary applications. The company's core technology utilizes a proprietary modified carbon cathode, enabling a metal-free battery solution that avoids reliance on scarce materials like cobalt, nickel, and graphite. This Molecular Battery technology aims to deliver cost-efficiency, scalability, and operational performance for renewable energy fields and modern grids, addressing environmental concerns and supply chain volatility associated with traditional battery chemistries. EExion's products, including the EExion Li Metal Molecular Battery, are designed for drop-in manufacturing compatibility with existing Li-ion infrastructure, targeting markets such as North America.

Strategic signal

EExion is developing a carbon-based battery technology that eliminates the need for rare metals, positioning it as a sustainable alternative for the renewable energy sector. This innovation addresses critical industry challenges related to supply chain volatility and environmental impact, signaling a potential shift towards more localized and recyclable battery solutions for large-scale stationary applications.

Company Intelligence Q&A

What is EExion's primary technological innovation?

EExion's primary technological innovation is its proprietary modified carbon cathode, which eliminates the need for scarce metals like cobalt, nickel, and graphite in large-scale batteries. This technology enables a metal-free, fully recyclable battery solution.

When did EExion last receive funding?

In May 2025, EExion received follow-on funding from ESIL.

Which investors participated in EExion's February 2023 funding round?

In February 2023, EExion received funding led by Capital Nature, with participation from.

What is the environmental impact of EExion's battery technology?

EExion's battery technology significantly reduces the life-cycle CO2e per kWh by eliminating mining, refining, and long-haul supply chains associated with traditional battery materials. Its extended lifetime of over 10,000 cycles also reduces manufacturing emissions and waste.

Who are the co-founders of EExion?

EExion was co-founded by Prof. Doron Aurbach and David Malka.