Volexion
4 known investors
Volexion develops cathode active material encapsulation technology and drop-in composite materials for lithium-ion battery manufacturing, improving cycle life, power density, temperature range, and voltage window. Its materials target consumer electronics, specialty applications such as drones, micromobility, and defense, and electric vehicle battery makers seeking higher energy density and lower costs.
Founders & leadership
DD
Damien DespinoyinCo-Founder, President and COO
JX
Joseph X. Adiletta
Investors · 4
Non-dilutive funding · 3 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Science Foundation | Phase IISTTR | 2022 | $994K |
| Department of Energy | Phase I | 2021 | $200K |
| National Science Foundation | Phase ISTTR | 2019 | $224.9K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- What does Volexion do?
- Volexion develops cathode active material encapsulation technology and drop-in composite materials for lithium-ion battery manufacturing, improving cycle life, power density, temperature range, and voltage window. Its materials target consumer electronics, specialty applications such as drones, micromobility, and defense, and electric vehicle battery makers seeking higher energy density and lower costs.
- Who founded Volexion?
- Volexion was founded by Damien Despinoy.
- Who are Volexion's investors?
- Volexion's investors include Clean Energy Venture, Earth Foundry, Energy Foundry, Clean Energy Ventures.