By VC News Daily
WOBURN, MA, Feon Energy announced the recent closing of a $6.1 million seed round that will enable the development of next-gen batteries.
Feon Energy is pioneering the next leap in energy storage by revolutionizing battery electrolytes, the critical yet often overlooked component. Their pharma-inspired molecule design platform enables Feon to invent tailored electrolyte molecules for each battery chemistry’s unique needs, rather than force-fitting existing materials. This innovative approach allows us to develop non-flammable, high-performance electrolytes that unlock new frontiers in safety, cost, and energy density. By redefining battery electrolyte, Feon Energy is set to transform industries – from making electric vehicles safer and more accessible to enabling the future of electrified aviation.