Fine Structure Ventures
Assembly Line
Feon Energy Secures $6.1M Seed Round for Electrolyte Innovation and Achieves UN 38.3 Certification for Li-Metal Batteries
Feon Energy, an advanced battery electrolyte startup spun out of Stanford University, announced the recent closing of a $6.1 million seed round that will enable the development of next-gen batteries. The round was led by Fine Structure Ventures, with participation from Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund.
The new funding will allow Feon to expand its world-class R&D team, scale up its high-throughput molecular discovery platform, and accelerate commercial engagement with leading battery and automotive players.
Feon Energy is pioneering a platform approach to create new electrolyte molecules and formulations purposefully designed for advanced battery chemistries like lithium-metal and cobalt-free ultra-high-voltage lithium-ions. Their non-flammable liquid electrolyte solutions enable advanced batteries with higher energy density, improved safety, lower cost, and more supply chain resilience than today’s lithium-ion batteries.