Magnus raises $74m in Series B

With a clear vision in mind- a sustainable and electrified future, Addionics is unstoppable. Their unique architecture for their 3D current collectors allows for improved efficiency and reduced costs, without increasing the size of the battery.

NGV are thrilled to be recognized in Startup Nation Central's H1 2024 Report as one of the most active investors in Climate Tech. In H1 2024, private funding in Israel's Climate Tech sector reached $566 million, up from $413 million in H2 2023, highlighting the sector's resilience and growing investor interest.

Addionics partners with IL Science to develop a high-stability 3D lithium anode, an important component for improving performance and marketability for batteries. By combining their innovative 3D current collectors with IL Science’s expertise, the companies will make these batteries more reliable and affordable.