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Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting

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. Commenting on the funding in supporting statements, Carina Namih, partner at Plural, said: “This excellent and focused team has the IP, the deep technical knowledge, the drive and commercial expertise to bring this novel technology to market and build a new battery company that can challenge the legacy suppliers.” Max Bautin, General Partner at IQ Capital, added: “Molyon have made a groundbreaking discovery in materials science to bring a step-change in battery energy density and unlock a massive market.

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