The Berlin-based batteries manufacturer have received funding of 15 million euros from the Series-A financing to support the development of crystal sulfur batteries from the next generation, which it says can weigh a third of the current EV battery technologies.
Theon was founded in 2020, and its name is a translation of the Greek word sulfur, θεῖον. She says she has developed a sustainable battery that relies on sulfur crystals that have costs and effectiveness in the energy field, which depends on sulfur, which is an industrial secondary product that eliminates the need for harmful mining for cathode materials.
Crystal Crystal Sulfur Battery provides a three times higher energy density of traditional ion batteries with a third of cost and a third of carbon fingerprint.
Given that sulfur, the sixteenth component of the ground, contains a much larger energy for each weight compared to traditional battery materials, the batteries that use sulfur will be lighter three times compared to the current Li -Eyon batteries.
By using the mono -technology, technology and operations for the the company, the company hopes to be able to increase the life of sulfur -based batteries to make technology viable for commercial applications.
Photo credit: Themon
It is expected that the batteries are used in everything from air and land transport to fixed and space storage applications.
The Global team led 15 million euros ($ 26 million) in financing and will be used to accelerate the development of THION.
“Germany has a long -term history of engineering and innovation,” said Dr. Ulrich Emes, CEO of THIONA, in a statement.
“We are designing the crystal sulfur battery to put Europe as a leader in storing sustainable energy. There is still a way to go, but our technology must allow neutral electrical flights to carbon dioxide, the extended EV range, and storing effective fixed energy.”
Joshua S. Hill is a Melbourne -based journalist and wrote about climate change, clean technology and electric cars for more than 15 years. Electric cars and clean technologies have been reported to renew the economy and driving since 2012. Its favorite transportation is his feet.
