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Sion Power
Sion Power is focused on the development of rechargeable lithium batteries for mobile electronics and electric vehicles
About Sion Power
Sion Power is a pioneering startup in the electric vehicle (EV) industry, specializing in the development and production of high-energy lithium-metal rechargeable battery cells. Their proprietary product, Licerion, is designed to meet or exceed the rigorous demands of the diverse automotive industry, which includes passenger vehicles, commercial vehicles, high-performance cars, and off-road recreational vehicles.
The Licerion battery cells boast impressive energy density, with 780 Wh/L and 400 Wh/kg (actual) in a 17 Ah cell. This high energy density enables longer operation of EVs, a key selling point in the competitive EV market. The batteries are also designed to integrate easily into standard lithium-ion manufacturing lines, making them a convenient choice for automotive manufacturers.
Sion Power has also developed a proprietary compression system to optimize the performance of Licerion cells. This system, along with a robust battery management system, ensures over-charge and over-discharge protection, fuses, and safety cut-off switches. These features contribute to the safety and reliability of the batteries, further enhancing their appeal to potential clients.
The company's business model revolves around the development, production, and sale of these high-energy lithium-metal rechargeable batteries to automotive manufacturers. By providing a superior product that meets the specific needs of the EV industry, Sion Power is well-positioned to generate revenue and achieve growth in this rapidly expanding market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 1989
- Headquarters
- Tucson, United States
- Employees
- 90
- Open positions
- 1
- Dealroom signal
- 67.5/100
- Industry
- Energy, Transportation
- Sub-industry
- Energy Storage, Vehicle Production
- Sector
- Transportation, Lithium-Ion Batteries, Sustainable Development Goals, Solid-State Battery, EV Battery, Climate Tech, Electric Mobility
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company
- Capital deployed
- —
- Preferred round
- Unknown
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jan 2024 | $0 | — | LG Energy Solution | ↗ |
| FundingOther financing | Nov 2021 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Sion Power is 520 monthly website visits, down 60% over the last three months. Sion Power's team declined 7.2% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series B and later2 investors entered at this stage
BASF
LG Energy Solution
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sion Power on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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