• Edit
DateInvestorsAmountRound

N/A

Series C
*

$100m

Series D
*

$326m

Valuation: $2.5b

Growth Equity VC
*

€100m

Growth Equity VC
*

$3.0m

Valuation: $2.5b

Late VC
*

€1.5b

Valuation: €2.5b

Grant
Total Funding€2.0b

Recent News about ProLogium Technology

Edit
More about ProLogium Technologyinfo icon
Edit

ProLogium Technology, established in 2006, is a pioneering firm in the energy sector, specializing in the research, development, and production of solid-state batteries. Solid-state batteries are a type of battery technology that uses solid electrodes and a solid electrolyte, instead of the liquid or polymer gel electrolytes found in lithium-ion or lithium polymer batteries. This makes them safer, more energy-dense, and potentially cheaper than their liquid-based counterparts.

The company's primary market is the electric vehicle industry, both in consumer and industrial sectors. They provide next-generation battery solutions that meet the stringent safety, energy density, and cost requirements of this rapidly growing market. ProLogium's batteries are also used in various industrial applications, demonstrating their versatility.

ProLogium's business model is based on manufacturing and supplying solid-state batteries. They have an automated pilot production line, which has already produced nearly 8,000 solid-state battery sample cells. These have been supplied to global car manufacturers for testing and module development, indicating a strong potential for future partnerships and growth.

Currently, ProLogium is the only company in the world that has achieved mass production of solid-state batteries. This gives them a significant competitive advantage in the market and positions them as a leader in battery innovation. Their work is contributing to the global shift towards a more sustainable, fully electric future.

In terms of revenue, ProLogium makes money by selling their solid-state batteries to car manufacturers and other industrial clients. As the demand for electric vehicles and other battery-powered technologies continues to rise, the potential for ProLogium's growth and profitability is substantial.

Keywords: Energy Innovation, Solid-State Batteries, Electric Vehicles, Industrial Applications, Safety, High Energy Density, Low Cost, Automated Production, Global Car Manufacturers, Sustainable Future.