Zurich's BTRY Raises €4.9 Million for Ultra-Thin Solid-State Batteries
Swiss battery start-up BTRY AG successfully secured €4.9 million in an oversubscribed Seed funding round to develop its ultra-thin solid-state batteries. These batteries are designed to combine fast charging, outstanding temperature stability, and inherent safety within an exceptionally thin structure.
Investment and Backers
The Seed round was led by Redstone VC, with support from Bloomhaus Ventures, Linear Capital, Kickfund, Kick Foundation, and CustomCells founders Leopold König and Torge Thönnessen joining as new investors. Existing backers HTGF (High-Tech Gründerfonds) and Zürcher Kantonalbank (ZKB) also renewed their support.
“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.
Wider European Battery Innovation
Recent reports from EU-Startups spotlight other advancements in the battery sector across Europe:
- Estonia’s Jälle Technologies raised €2 million to enhance battery recycling and material upcycling.
- 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 energy storage capacity.
Author's Summary
BTRY AG's new funding highlights growing Swiss innovation in solid-state battery technology, aiming to compete with Asian market leaders by offering safe, ultra-thin fast-charging batteries.