Swiss battery technology startup BTRY has announced a successful €153,000 investment from Venture Kick to advance its groundbreaking one-minute charging solid-state battery. Founded in 2023 as a spin-off from Empa and ETH Zurich by Dr. Moritz Futscher, Dr. Abdessalem Aribia, and Dr. Yaroslav Romanyuk, BTRY is set to transform the battery industry with its innovative thin-film solid-state technology.
BTRY’s cutting-edge battery leverages high-precision, solvent-free semiconductor fabrication methods to deliver rapid one-minute charging capabilities. This advancement not only enhances performance in extreme temperatures but also contributes to environmental sustainability by offering a more robust alternative to traditional lithium-ion batteries. The company’s initial focus is on the Internet of Things (IoT) sector, targeting remote sensors, with future applications planned for high-end medical and consumer electronics.
Dr. Moritz Futscher, CEO of BTRY, commented, “Venture Kick’s support has been crucial in our transition from a research-based entity to a viable commercial venture. Their guidance has helped us navigate early-stage challenges and we are eager to continue this partnership as we scale our technology.”
Looking ahead, BTRY plans to use this investment to prepare for a seed funding round slated for Q3 2025. The funds will be directed towards de-risking the investment by scaling up pilot production, proving the battery’s manufacturing feasibility, and demonstrating its potential for large-volume production. Soruce: Tech.eu
Editorial Perspective
BTRY’s latest funding round underscores a significant leap forward in battery technology. The company’s focus on developing a solid-state battery that charges in just one minute addresses critical limitations of current lithium-ion batteries, such as slow charging times and temperature sensitivity. This technological breakthrough has the potential to revolutionize various sectors, particularly IoT, medical devices, and consumer electronics, by providing more efficient, durable, and environmentally friendly power solutions.
The emphasis on high-precision, solvent-free manufacturing not only positions BTRY as a leader in sustainable battery technology but also highlights a broader trend towards greener innovations in the tech industry. As BTRY prepares for its next funding phase and ramps up production capabilities, the company is poised to make a significant impact on the battery market, addressing both technological and environmental challenges.
With continued support from investors and successful scaling of their technology, BTRY could redefine industry standards and set new benchmarks for battery performance and sustainability.
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