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Energy Tech Seed Founded 2018

Volexion

Volexion is a developer of graphene encapsulation technology for lithium-ion cathode active materials, delivering comprehensive performance improvements and best-in-class energy density for next-generation batteries. The company's technology consists of three core components: a unique graphene composite material that is commercially manufactured with bio-based capability and minimal environmental impact; conformal…

📍 Chicago, United States · Energy Storage Tech

Funding snapshot

Last roundSeed
Amount$1M
Date11 June 2025
Total raised$5M
Team size7

About

Volexion is a developer of graphene encapsulation technology for lithium-ion cathode active materials, delivering comprehensive performance improvements and best-in-class energy density for next-generation batteries. The company's technology consists of three core components: a unique graphene composite material that is commercially manufactured with bio-based capability and minimal environmental impact; conformal nanoscale encapsulation of cathode active materials that delivers increased cycle life, power density, and temperature range over an extended voltage window; and drop-in manufacturing compatibility with current and next-generation lithium-ion battery manufacturing processes. Volexion's solutions serve multiple application areas including consumer electronics and specialty applications such as drones, micromobility, and defense; electric vehicles where the technology enables high-energy density materials for longer driving range, improved safety, and lower costs; and next-generation materials and manufacturing where improved stability, cyclability, and temperature range for manganese-rich chemistries enables dry battery electrode manufacturing. The company offers demo kits for potential customers to evaluate the technology in their specific applications. Founded in 2018 and headquartered in Chicago, United States, the company has raised $4.6M in seed funding from investors including Energy Foundry, Clean Energy Ventures, National Science Foundation, Clean Energy Venture Group, Cleantech Open, and America's Seed Fund.

Business model

Energy Storage Tech > Battery > Secondary Battery > Lithium Ion

Institutional investors

Energy Foundry Clean Energy Ventures National Science Foundation Clean Energy Venture Group Cleantech Open America’s Seed Fund

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