Zurich’s BTRY Raises €4.9 Million for Solid-State Battery Innovation
Swiss battery start-up BTRY AG has secured €4.9 million in an oversubscribed Seed funding round to develop its ultra-thin solid-state batteries. These batteries aim to offer fast charging, high temperature resilience, and inherent safety, all in an extremely thin design.
Investment Details and Participants
- 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 investors, High-Tech Gründerfonds (HTGF) 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.
Solid-State Battery Market Context in Europe
Recent EU-Startups reports highlight growing activity across Europe’s battery ecosystem:
- Estonia’s Jälle Technologies raised €2 million to advance 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 to increase grid-scale storage capacity.
Author’s Summary
BTRY AG’s successful funding underscores Switzerland’s push into competitive solid-state battery technology, challenging Asia’s current market leadership through innovative, ultra-thin designs.