Echion Technologies
PrivateLast Round
VC Round
Nov 21, 2024
Est. Valuation
$194.11M
Total Funding Raised
$56.26M
Company Overview
Echion Technologies operates in Energy & Sustainability and is based in Cambridge. Its latest recorded funding round was a VC Round in November 2024.
Echion Technologies is a battery materials company that specializes in manufacturing niobium-based anode materials for lithium-ion batteries to enable sustainable electrification and fast charging solutions for electric vehicles and industrial applications.
Sector
Energy & Sustainability
Verticals
Energy Storage, Advanced Materials, Electric Vehicles, Clean Transportation
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Echion Technologies Comparables
Compare Echion Technologies with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Nexeon | 81% | |
| OneD Battery Sciences | 80% | |
| Nyobolt | 80% |
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Echion Technologies Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Nov 21, 2024 | ||||
| Series B | Jun 13, 2024 | ||||
| Grant | Nov 27, 2023 | ||||
| Series A | Aug 24, 2021 | ||||
| VC Round | Jun 12, 2020 | ||||
Grant | Dec 30, 2018 |
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Key People
Founding team and executive leadership
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Echion Technologies Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Innovate UK | Grant |
| Cambridge Enterprise Ventures | Series B |
| Faraday Battery Challenge | Grant |
| BGF | Series B, Series A, VC Round |
| Volta Energy Technologies | Series B |
| Origin Capital | Series A, Seed |
| UKRI Innovate UK | Grant |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 16, 2026
Launched new fast-charging battery products at Battery Japan.
- Mar 16, 2026
Launched fast-charging, high-power battery products using proprietary XNO(R) technology.
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Recent news
Latest coverage and updates
- receives_awardNov 2, 2026
At the 2026 Battery Show Awards in Michigan on Nov 2nd '26, Echion Technologies receives the Battery Pack Innovation of the Year award for Project Mammoth: X-Pack, developed with Switch Technologies and Elemental Energy.
- attends_eventNov 2, 2026
Echion Technologies wins the Battery Pack Innovation of the Year award at the 2026 Battery Show Awards in Michigan for a battery system using its XNO technology.
- integrates_withOct 14, 2026
Echion Technologies signs a non-binding MoU with Proper Voltage Inc. to integrate XNO battery technology into the 480V and 800V Vault UPS system, creating VaultX for AI data centers on Oct 12th '26.
- is_developingOct 13, 2026
On Oct 13th '26 in North America, Echion Technologies signs a non-binding MoU with Proper Voltage to co-develop the VaultX 1.6MW UPS platform, integrating XNO battery technology into 480V and 800V Vault UPS systems to support AI data centers with 84kWh capacity and improved resilience to power swings.
- is_developingOct 12, 2026
Echion Technologies is developing an Uninterruptible Power Supply (UPS) platform for AI data centers with Proper Voltage under a non-binding MoU, integrating its XNO battery technology into Proper Voltage’s Vault system to create the 1.6MW VaultX platform on Oct 12th '26.
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Echion Technologies Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Echion Technologies's valuation, stock price, and market status.
Is Echion Technologies a public or private company?
Echion Technologies is a private company.
What is the current stock price of Echion Technologies?
Echion Technologies is a private company, so its shares have no public market price. Caplight tracks Echion Technologies's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Echion Technologies worth (valuation)?
Echion Technologies's valuation is estimated at $194.1M based on funding round data.
Can I buy Echion Technologies stock?
Echion Technologies shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Echion Technologies's last funding round?
Echion Technologies's most recent funding round was VC Round on November 21, 2024.
Who are the main investors in Echion Technologies?
Key investors in Echion Technologies include BGF, Volta Energy Technologies, Origin Capital, Barclays Sustainable Impact Capital, Barclays Investment Bank.
Will Echion Technologies IPO soon?
No public IPO plans have been announced for Echion Technologies.
How can I track Echion Technologies secondary market activity?
Caplight tracks bids, offers, and trades in Echion Technologies's shares on secondary markets.