Bristol electric vehicle battery tech business raises £1.4m

Anaphite raises £1.4m to evolve its EV battery technology

Bristol-based battery tech startup Anaphite has raised £1.4m to boost its mission to decarbonise electric vehicle (EV) battery production by accelerating the industry’s shift to dry electrode coating. The sum is a combination of £700,000 in grant funding from the Innovate UK Investor Partnerships: Clean Energy and Climate Technologies competition, plus £700,000 of aligned investment from climate-focused venture capital funds Elbow Beach and Worl…

Bristol electric vehicle battery tech business raises £1.4m

Anaphite has developed technology that could be used to make battery manufacturing cheaper