Altris Secures EIC Accelerator Funding

Our portfolio company Altris has been selected for funding under the European Innovation Council (EIC) Accelerator program. The decision awards the company a €2.5 million non-dilutive grant and opens the possibility for an up to €10 million equity investment through the EIC Fund to support the scale-up of its sodium-ion battery technology.

The funding will accelerate the industrialisation of Altris’ Prussian White–based cathode material, expand European manufacturing capacity and advance commercial deployment in targeted markets.

“We are proud to be selected by the EIC Accelerator. This is a strong validation of both our technology and our industrialisation roadmap. Europe needs scalable, resource-secure battery solutions — and sodium-ion is a key part of that chemistry mix,” says CEO Christer Bergquist.

The EIC Accelerator supports Europe’s most promising deep-tech companies developing breakthrough innovations that strengthen technological sovereignty and create new markets.