Altris awarded EIC funding to industrialize sodium‑ion batteries
- Altris selected for the EIC Accelerator with a €2.5M non-dilutive grant plus up to €10M potential equity from the EIC Fund.
- Funding will industrialize and scale up production of Prussian White-based sodium-ion cathode active material.
- Programme covers expansion of European manufacturing capacity and further validation with strategic industrial partners.
- Goal is commercial deployment in targeted market segments to strengthen the European battery value chain and reduce reliance on constrained lithium supply.
EIC funding
Altris was selected for the European Innovation Council Accelerator and will receive a €2.5 million non-dilutive grant plus potential equity investment of up to €10 million from the EIC Fund.
Technology focus
Funding targets industrial scale-up and commercial deployment of Altris's Prussian White–based sodium‑ion battery chemistry, a cathode active material alternative to lithium-based solutions.
Planned use of funds
Planned activities include industrialisation of cathode active material production, scaling European manufacturing capacity, further validation with strategic industrial partners, and commercial rollout in targeted market segments to reduce reliance on constrained lithium supply.
Programme context
The EIC Accelerator supports deep-tech companies developing breakthrough innovations with the potential to create new markets and strengthen Europe’s technological sovereignty.
Source: Altris