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    Home > Chemicals Industry > New Chemical Materials > E-magy raises 5 million euros in a new round of financing to further develop silicon anode materials

    E-magy raises 5 million euros in a new round of financing to further develop silicon anode materials

    • Last Update: 2021-10-16
    • Source: Internet
    • Author: User
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    According to foreign media reports, in a new round of financing led by venture capital fund SHIFT Invest, Dutch technology company Regis (RGS) raised 5 million euros
    The Dutch Ministry of Economic Affairs and Climate Policy has also pledged to provide innovative credits to accelerate E-magy's technological development

    ? E-magy designs and manufactures nanoporous silicon materials that can be used in lithium-ion batteries

    The company cooperates with global automotive supply chain partners

    E-magy processes silicon into "nano sponge" particles, which can be used for silicon anodes

    The company said its nanoporous silicon can increase the energy density by 40% and shorten the charging time

    ? For E-magy, the entry of new capital will help increase the output of the nanoporous silicon pilot production line and accelerate its qualification program with automakers and battery manufacturers

    The company will also use the funds to expand the team and prepare for the new plant in the Netherlands, increasing the annual production capacity to thousands of tons per year

    E-magy plans to start production at the new plant in 2023

    ? The company's co-founder and CEO Casper Peeters said: "This additional funding comes at the right time.
    We are expanding the production capacity of proprietary nanoporous silicon and working hand in hand with car manufacturers and battery manufacturers to improve batteries.

    Nanoporous silicon solves people’s urgent need for high-energy batteries and helps build affordable and more efficient electric vehicles for everyone

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