BASQUEVOLT, a European technology company specializing in next-generation solid-state battery technology, has announced the entry of Axon Partners Group as a new investor via its ClimateTech strategy supported by Ventures EPM. This private investment is complemented by public funding from Spain’s Centre for the Development of Technology and Innovation (CDTI) through its SICC Innvierte match-funding scheme. The combined resources will accelerate BASQUEVOLT’s industrialization roadmap, reinforce its position within Europe’s advanced battery ecosystem and contribute to a competitive, resilient battery value chain.
The company’s proprietary solid-state electrolyte is designed to deliver approximately 50% higher energy density than current lithium-ion solutions, enabling electric vehicles to achieve extended driving range without increasing battery size or weight. In addition, the technology addresses critical safety concerns related to thermal runaway and is fully compatible with existing gigafactory production lines, requiring no significant additional investment in manufacturing infrastructure.
With the new funding, BASQUEVOLT will scale up electrolyte production, strengthen its manufacturing and validation capabilities and progress towards technology readiness level 6 (TRL6). Axon Partners Group brings strategic expertise in deep-tech energy transition investments and a strong track record in supporting industrial scale-up, offering both capital and guidance to help transition the technology from pilot-scale validation to large-scale deployment.
In parallel with scaling efforts, BASQUEVOLT continues to collaborate with three major European automotive manufacturers and other original equipment manufacturers to test and validate its solid-state electrolyte in real-world conditions. These partnerships ensure that the technology meets market requirements and can be integrated seamlessly into existing supply chains.
BASQUEVOLT has secured a diverse mix of funding over recent years, including grants from regional, national and European programs such as the European Innovation Council Accelerator, as well as support from sector-specific projects in aviation, stationary energy storage and other advanced applications. This blend of public grants, private investment and industrial collaborations has been pivotal in moving laboratory breakthroughs toward industrial readiness and preparing the company for large-scale commercialization.
Source: Basquevolt
