Sicona raises $3.7m to scale battery materials technology globally | News

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SYDNEY, Aug. 11, 2021 /PRNewswire/ — Sicona Battery Technologies Pty Ltd (“Sicona”), a groundbreaking battery materials technology company, has successfully raised AU$3.7 million in a pre-Series A funding round.

The funding round was led by global venture firm Artesian and US based Riverstone Ventures an affiliate of Riverstone Holdings with notable participation by Chaos Ventures (New York), Bandera Capital (Australia), SDGx Ventures (Singapore), and several prominent Australian climate-tech investors and global battery materials specialists.   

This latest capital injection follows the company’s $1m seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, and Sicona’s participation in the prestigious Startmate accelerator in its Summer…

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