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. The company focuses on developing ultra-thin solid-state batteries that combine rapid charging, exceptional temperature stability, and intrinsic safety in a very slim design.
Investment Details
- The round was led by Redstone VC.
- New investors include 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.
“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 Within European Battery Industry
Other recent developments across Europe's battery ecosystem reflect growing momentum:
- Estonia’s Jälle Technologies raised €2 million to improve battery recycling and material up-cycling.
- Sweden’s DREV secured €2.8 million to expand contamination-control solutions for battery manufacturing plants.
- Germany’s Terra One obtained €150 million to grow grid-scale energy storage capabilities.
These activities highlight Europe's push to challenge Asian dominance in battery technology by strengthening innovation throughout the value chain.
Author's summary: BTRY AG’s €4.9 million funding boost underlines Europe’s rising role in solid-state battery tech, aiming to rival Asia through advanced, scalable solutions.