Avery Dennison has invested in Addionics' Series B funding to enhance battery manufacturing through 3D Current Collectors technology.

Information on the Target

Addionics is a prominent manufacturer specializing in 3D Current Collectors™, which play a crucial role in advancing battery technology. Founded in 2018, the company has established itself as a pioneer in the development of innovative solutions that enhance battery performance while simultaneously reducing production costs. With operational sites in the UK, Israel, the US, and Germany, Addionics aims to transform the battery manufacturing landscape by integrating their technology into existing production lines across various battery chemistries.

The company's flagship product, the Smart 3D Current Collectors, is designed for high-volume roll-to-roll manufacturing. By optimizing the internal structure of batteries, Addionics significantly improves performance metrics, including charging times, safety, lifespan, and capacity. Their solutions are not only compatible with current manufacturing processes but also support the transition towards next-generation battery technologies, fostering a sustainable energy future.

Industry Overview in the Target’s Specific Country

The battery manufacturing industry is experiencing rapid growth globally, driven largely by the increasing demand for electric vehicles (EVs) and renewable energy storage solutions. This trend is particularly pronounced in countries like the United States, where si