Kodiaq Technologies

About Kodiaq Technologies

Kodiaq Technologies is a University of Cambridge spin-out developing proprietary metal-free, organic electrolytes for long-duration energy storage. The company was co-founded by Professor Oren Scherman (Chief Science Officer), Dr. Kamil Sokolowski (Chief Technology Officer), and Dr. David Fyfe (Executive Chairman). Dr. Fyfe is a materials science graduate from Cambridge University who previously led Cambridge Display Technology from a university spin-out to a NASDAQ-listed company, which was later acquired by Sumitomo Chemical for $285 million in 2007. He came out of retirement to lead Kodiaq Technologies.

The company's core technology focuses on organic electrolytes designed to increase the energy density and storage capacity of redox flow batteries. This approach aims to provide a more scalable and cost-effective alternative to conventional battery systems that rely on mined metals like lithium and vanadium. By using organic chemistry, Kodiaq Technologies intends to address environmental concerns and supply chain constraints associated with metal-based batteries.

Kodiaq's capital-light business model initially targets the retrofitting of existing flow battery systems to improve their performance and return on investment. The long-term strategy involves co-developing next-generation, long-duration storage systems with original equipment manufacturers (OEMs) and integrators. The company operates in the growing long-duration energy storage market, which is projected to exceed $500 billion by 2030. In late 2025, Kodiaq Technologies completed an £850,000 funding round from over 20 high-net-worth investors in the ClimateTech and DeepTech sectors. These funds are allocated to accelerate product development, with plans for a larger funding round in mid-2026 to establish scaled-up demonstration projects in global markets.