COMPANY PROFILE

Natrion

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Developer of large-scale batteries used to generate efficient renewable energy

Binghamton, United StatesFounded 2018Defence

Valuation $10–25M Last recorded · 2025

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Natrion

Natrion is a forward-thinking startup that operates in the energy storage market, specifically focusing on the development of solid-state batteries (SSBs). These batteries are considered the future of energy storage due to their increased energy density and faster charging times. Natrion's innovative technology allows for a 50% improvement in specific energy, meaning their batteries can store more energy pound-for-pound compared to traditional batteries. This results in longer battery life and more power.

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The company's unique selling point is its universal battery components that can be adopted by any lithium-ion (Li-ion) battery manufacturer. This means that original equipment manufacturers (OEMs) and other manufacturers can quickly transition to using SSBs in their products. Natrion's technology also allows for faster charging times, with batteries able to fully charge in 20-30 minutes without compromising long-term performance.

Natrion's batteries also have a wider thermal stability range, from -50°C to 250°C, compared to the -15°C to 60°C range of traditional Li-ion batteries. This increased functionality makes them more versatile and reliable in a variety of conditions. Furthermore, Natrion's batteries are designed to prevent thermal runaway, a dangerous situation where a battery overheats and can potentially explode.

Natrion's business model revolves around licensing their technology to other manufacturers. They make money by charging these manufacturers a fee to use their innovative battery components. This allows manufacturers to produce more efficient and safer batteries, while Natrion benefits from the licensing fees.

Source: Dealroom company data