Zurich's BTRY Raises €4.9 Million to Advance Solid-State Battery Technology
Swiss battery start-up BTRY AG successfully closed an oversubscribed Seed funding round, raising €4.9 million for its ultra-thin solid-state batteries. These batteries are designed to offer fast charging, excellent temperature resilience, and inherent safety, all while maintaining a remarkably slim profile.
Investment and Partner Details
- The funding round was led by Redstone VC.
- New investors included Bloomhaus Ventures, Linear Capital, Kickfund, Kick Foundation, and CustomCells founders Leopold König and Torge Thönnessen.
- Existing backers HTGF (High-Tech Gründerfonds) and Zürcher Kantonalbank (ZKB) renewed their support for BTRY.
“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.
Context in the European Battery Industry
Recent reports from EU-Startups reflect robust activity in the European battery sector:
- Estonia’s Jälle Technologies raised €2 million to enhance battery-recycling and upcycling materials.
- Sweden’s DREV secured €2.8 million to scale contamination-control solutions for battery manufacturing.
- Germany’s Terra One obtained €150 million for expanding grid-scale energy storage capacity.
Author's Summary
BTRY AG’s recent €4.9 million Seed round highlights Switzerland’s growing presence in the solid-state battery sector, signaling strong investor faith in safer, faster, and more durable battery technology.