Adden Energy
PrivateLast Round
Series A
Oct 23, 2024
Total Funding Raised
$20.15M
Company Overview
Adden Energy is a technology company, spun out of Harvard University in 2021, that is developing next-generation solid-state batteries for electric vehicles (EVs). The company's core innovation is a lithium-metal battery that utilizes a 'dynamic stability' phenomenon to enable self-healing components, which prevents the formation of dendrites—a common cause of battery failure. This technology aims to deliver significantly improved performance over current lithium-ion batteries, including faster charging times (under 10 minutes), a longer lifespan (over 10,000 cycles), higher energy density, and enhanced safety due to non-flammable materials. Adden Energy's mission is to accelerate the mass adoption of EVs by making batteries that allow electric cars to surpass internal combustion engine vehicles in every key metric, including cost and convenience. The company has received venture funding and is scaling its technology from lab-scale prototypes to commercial production, having commissioned a pilot production line in early 2025 to supply sample cells to automakers and other industrial clients.
Sector
Energy & Sustainability
Verticals
Energy Storage, Electric Vehicles, Advanced Materials, Clean Transportation
Business Model
B2B
Customer Profile
Hardware Sales, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Adden Energy Comps
Public and private peers based on sector, stage, and business model.
Adden Energy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Oct 23, 2024 | ||||
| Seed | Sep 1, 2022 |
Key People
Founding team and executive leadership
Adden Energy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Primavera Capital Group | Series A, Seed |
| MassVentures | Series A, Seed |
| Rhapsody Venture Partners | Series A, Seed |
| At One Ventures | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 25, 2025
Pilot production line for dynamic-stability lithium metal solid-state batteries is now operational.
Adden Energy Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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