Sydney, Australia – Sicona Battery Technologies, a leading nanotechnology research company based in Sydney, Australia, has successfully raised $22 million in its recent Series A funding round. The funding was led by Investible and Chaos Ventures, two prominent venture capital firms specializing in breakthrough technologies.

Sicona Battery Technologies is at the forefront of developing next-generation battery materials technology for lithium-ion ("Li-ion") batteries, particularly focusing on the anodes (negative electrodes). With the aim of advancing electric mobility and the storage of renewable energy, Sicona has dedicated the last decade to perfecting its innovative silicon-composite battery anode technology. This breakthrough technology originated from the extensive research conducted at the prestigious Australian Institute for Innovative Materials (AIIM).

Sicona Battery Technologies plans to capitalize on the rapidly expanding global battery market by producing and distributing its high-performance active anode and binder materials. To achieve this, the company will adopt a strategic partnership approach, collaborating with established and reputable supply chain companies. By leveraging these partnerships, Sicona aims to position itself as a key player in the evolving landscape of battery technologies.

Christiaan Jordaan, the founder of Sicona Battery Technologies, expressed his gratitude for the confidence and support of the investor community. He stated, "This funding round will allow us to drive forward the commercialization of our groundbreaking silicon-composite anode technology. With the help of our partners, we are confident that Sicona will play a pivotal role in revolutionizing battery performance and enabling the widespread adoption of electric vehicles and renewable energy storage systems."