![]() ![]() ![]() Just like their energy storage technology, Natron’s production methods are cost-effective and sustainable. Natron’s batteries are 1973 recognized by UL (Underwriters Laboratories), the definitive third-party evaluation of energy storage safety, reliability and performance. Natron’s battery technology enables energy storage products that are both higher-powered and safer than traditional options-with none of the fire, explosive gas or thermal runaway risks associated with lithium or lead batteries. Recent National Fire Protection Association 855 fire codes mean that safe, sustainable battery technology is in particularly high demand among the growing data center market. Given the recent introduction of NFPA 855 fire codes and testing of battery systems for UL9540a, Natron’s combination of high power, safety and sustainability is more important than ever,” said Thomas Vogel, Vice President, ABB Technology Ventures. Its technology helps enable safe, smart and sustainable electrification, and we believe the company is well-positioned for growth within the already enormous data center infrastructure market. “Natron Energy is a great addition to the ABB Technology Ventures investment portfolio and for ABB’s business lines. Natron’s battery products address new “edge” and distributed computing infrastructure environments, hyperscale data centers, telecom, network and industrial applications-where customers and partners are integrating Natron’s technology into their critical infrastructure systems. “This funding round allows Natron to accelerate production to serve the increasing demand for safe, fire code compliant alternatives to both lithium and lead batteries.” “Our customers in the data center and telecom markets value the safety, sustainability and performance of our sodium-ion batteries,” said Colin Wessells, Natron’s CEO and co-founder. ABB Technology Ventures, NanoDimension Capital and Volta Energy Technologies co-led the round, with existing investors Chevron, Khosla Ventures and Prelude continuing their participation in funding. To learn more about Natron Energy, visit Ĭopyright (c) 2021 SI360 Inc.Natron Energy, Santa Clara, California, the world’s leading developer and supplier of high-power, long-life and low-cost sodium-ion batteries using Prussian Blue chemistry, announced today that it has raised $35 million in Series D funding to further its product operations to meet market demand. With supply chain and factory agreements in place, Natrons manufacturing capacity will increase 200x in 2022. ![]() Our technology leverages standard, existing Li-ion manufacturing techniques allowing the company to scale quickly. In 2020, Natron became the worlds first Sodium Ion battery to achieve UL 1973 listing for our battery product, and commercial shipments to customers in the data center, forklift, and EV fast charging markets began. After countless hours of development with an ever expanding team of scientists and engineers, Natron now operates a state of the art pilot production line for Sodium Ion batteries in Santa Clara, California. His vision to build a company to deliver ultra-safe, high power batteries started in a garage in Palo Alto. Colin Wessells founded Natron Energy as a Stanford PhD student in 2012. There have been four major battery chemistries to achieve commercial success in the last 100 years. As the world electrifies to combat climate change, Naton will help industries transform the way they use battery energy for critical applications and processes. Natrons revolutionary Sodium Ion battery leverages Prussian Blue electrode materials to deliver a high power, high cycle life, and completely fire safe battery solution without toxic materials, rare earth elements, or conflict minerals. Industrial power utilizes decades old, environmentally hazardous battery technology such as Lead Acid and Lithium Ion. We change the way the worlds biggest electricity customers use power for their businesses. Natron Energy is the worlds leading developer and supplier of high power, long life, and low cost Prussian Blue Sodium Ion battery solutions for critical power and industrial applications, including data center UPS systems and electrically-powered materials handling equipment. Sources indicate as part of senior management Chief Executive Officer, Colin Wessells played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. Securities and Exchange Commission, Natron Energy is raising $37,241,224.00 in new funding. Santa Clara, CA – According to filings with the U.S. ![]()
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