National Wealth Fund backs UK battery tech firm Nexeon in £100m funding round

clock • 2 min read
Credit: iStock
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Credit: iStock

UK battery start-up claims its technology can both reduce charging time and extend range of electric vehicles

Nexeon has secured £100m backing to help expand its advanced silicone-based battery materials business in the UK, with more than half of the new investment provided by the National Wealth Fund (NWF), the...

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