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Energy Tech Seed Founded 2017

LiNa Energy

LiNa Energy is a clean energy company that develops solid-state sodium battery technology for renewable energy storage. The company focuses on commercializing low-cost sodium batteries using abundant raw materials, aiming to provide a sustainable alternative to lithium-ion batteries. LiNa Energy's solid-state sodium battery technology eliminates the need for expensive and scarce materials like lithium and cobalt,…

📍 Morecambe, United Kingdom · Energy Storage Tech

Funding snapshot

Last roundSeed
Amount$884K
Date27 March 2024
Total raised$12M
Valuation38,150,938 (Sep 5, 2022)
Team size36

About

LiNa Energy is a clean energy company that develops solid-state sodium battery technology for renewable energy storage. The company focuses on commercializing low-cost sodium batteries using abundant raw materials, aiming to provide a sustainable alternative to lithium-ion batteries. LiNa Energy's solid-state sodium battery technology eliminates the need for expensive and scarce materials like lithium and cobalt, while offering improved safety characteristics through the use of solid electrolytes instead of flammable liquid electrolytes. The company develops and tests its products with high-scale manufacturing in mind, targeting applications in grid-scale energy storage, renewable energy integration, and distributed energy systems. Founded in 2017 and headquartered in Morecambe, United Kingdom, LiNa Energy has raised approximately $11.9 million in Seed funding from investors including UKRI, Advanced Propulsion Centre UK, The Faraday Institution, Lancaster University, Meigh Investments, Parva Capital Trust, and Heyfield Park Investments.

Business model

Energy Storage Tech > Battery > Secondary Battery > Sodium Ion > Solid

Team background

College Wise > University of Cambridge, Imperial College London

Institutional investors

Ukri Advanced Propulsion Centre UK The Faraday Institution Gov Lancaster University Meigh Investments LIMITED PARVA CAPITAL TRUST Craig Fraser Sipp Trust Heyfield Park Investments Jacob Wolff-Petersen Tio Chaharbaghi Thomas Mccolm Marijn Muijser Niall O'keeffe Rebecca Karen Morrish

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