Revolutionary British battery business Faradion secures additional funding
Start-up British battery developer Faradion is now able to push forward with its development programme following the decision of three of its investors – Finance Yorkshire, Rising Stars Growth Fund and Haldor Topsoe A/S (a global market leader in catalysis and related process technologies) – to add to funding they and a Japanese electronics giant have already provided. Faradion now has almost £2 million of cash to invest in developing its ground breaking, low cost and high energy density batteries. The sodium-ion technology has the potential to revolutionise the supply of