Zurich's BTRY Raises €4.9 Million in Solid-State Battery Race
Swiss battery start-up BTRY AG has secured €4.9 million in an oversubscribed Seed round to advance its ultra-thin solid-state batteries. These batteries are said to offer fast charging, extreme temperature stability, and intrinsic safety in a remarkably thin design.
Investor Support
- The round was led by Redstone VC.
- Participating investors include Bloomhaus Ventures, Linear Capital, Kickfund, Kick Foundation, and new investors Leopold König and Torge Thönnessen, founders of CustomCells.
- Existing investors HTGF (High-Tech Gründerfonds) and Zürcher Kantonalbank (ZKB) also renewed their commitment.
“The oversubscribed round confirms strong investor confidence from experienced DeepTech and industrial backers. Working closely with this international consortium will enable us to transform world-class research into a scalable product,” said Dr Moritz Futscher, CEO and co-founder of BTRY AG.
European Battery Sector Activity
- Estonia’s Jälle Technologies raised €2 million for battery-recycling and up-cycling materials.
- Sweden’s DREV secured €2.8 million to scale contamination-control solutions for battery manufacturing.
- Germany’s Terra One obtained €150 million to expand grid-scale storage capacity.
Author’s summary: BTRY AG’s funding marks a significant step for Switzerland in the global solid-state battery race, backed by strong investor interest and international collaboration.