Swiss battery start-up BTRY AG successfully closed an oversubscribed Seed round, securing €4.9 million to develop ultra-thin solid-state batteries. These batteries combine fast charging, high temperature stability, and inherent safety within a slim design.
The funding round was led by Redstone VC and included new investors such as 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) also continued 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.
Recent EU-Startups reports demonstrate growing activity across the battery value chain in Europe:
BTRY AG's success reflects Switzerland's emerging role in the race to challenge Asia's dominance in solid-state battery technology.
BTRY AG's €4.9 million Seed round highlights growing European innovation in solid-state batteries, aiming to rival Asian market dominance with safer, faster-charging solutions.