Addionics
High-performance Rechargeable Batteries
StartupAddionics is a Tel Aviv-Yafo-based startup in the Energy Tech sector, established in 2017. High-performance Rechargeable Batteries. The company has raised a total of $73M across 6 funding rounds, currently at the B stage. Addionics was founded by Moshiel Biton, Farid Tariq, Vladimir Yufit. Key investors include GM Ventures, Deep Insight, Next Gear Ventures, among 24 total investors. The company has 51-200 employees. Core technologies: Artificial Intelligence.
With $73M in total funding, Addionics is a B-stage company operating in Energy Tech. The company follows a B2B business model. Product stage: Alpha. The company holds 1 patent. Addionics is identified as relevant to climate technology.
- StageB
- ProductAlpha
- ModelB2B
- Employees51-200
- HQTel Aviv-Yafo
- DistrictCenter District
- Last Round$39M
- GM VenturesLead
- Deep InsightLead
- Next Gear Ventures
24 investors total
Moshiel BitonCo-founder & CEO
Farid TariqCo-founder & CSO
Vladimir YufitCo-founder & CTO
13 articles covered by sources including www.calcalistech.com,
www.israel21c.org,
nocamels.com,
www.timesofisrael.com,
en.globes.co.il.
What does Addionics do?
Addionics is focused on redesigning battery architecture, replacing the electrode’s traditional 2D layered structure with an integrated 3D structure. This approach results in batteries with increased energy density and power, enhanced safety, and longer lifetime – all without increasing battery cost. This innovation unlocks the full potential of next-generation battery chemistries to address rising global battery demand driven by electrification trends and decarbonization mandates. The company’s core IP is its patented and scalable electrode fabrication process that significantly lowers manufacturing costs, enabling mass market adoption of 3D electrode structures for the first time. This drop-in solution is compatible with existing battery manufacturing facilities and assembly lines. In addition, Addionics’ proprietary artificial intelligence (AI) algorithm accelerates battery development time, optimizing electrode designs to meet any battery application and performance requirement. With the combination of Addionics’ patented manufacturing process and AI algorithm, manufacturers can build high performance batteries with reduced market prices at the giga scale.
How much funding has Addionics raised?
Addionics has raised $73M in total funding across 6 rounds. The company is currently at the B stage. Key investors include GM Ventures, Deep Insight, Next Gear Ventures.
Who founded Addionics?
Addionics was founded in 2017 by Moshiel Biton (Co-founder & CEO), Farid Tariq (Co-founder & CSO), Vladimir Yufit (Co-founder & CTO).
What sector is Addionics in?
Addionics operates in Automotive & Mobility Technologies, Electric Mobility & Alternative Fuels, Climate Tech, Energy Transition, Eco-Efficient Energy Storage, Eco-Efficient Transportation & Logistics, Eco-Efficient Electric Vehicle Infrastructure & Platforms, Energy Tech, Energy Management & Grid Integration, with core technologies in Artificial Intelligence. Target customers: Healthcare & Life Sciences, Medical Devices Industry, Commerce & Retail, Consumer Goods, Consumer Electronics, Industrial Manufacturing, Discrete Industries, Automotive, Aerospace.
Where is Addionics located?
Addionics is based in Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.