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UKBIC

125 employees

The UK Battery Industrialisation Centre (UKBIC) is a pioneering concept in the race to develop battery technology for the transition to a greener future. 🔋🌍 What we do: Our unique facility provides the missing link between battery technology, which has proved promising at laboratory or prototype scale, and successful mass production. Based in Coventry, our publicly-funded battery product development facility welcomes manufacturers, entrepreneurs, researchers and educators, and can be accessed by any organisation with existing or new battery technology – if that technology will bring green jobs and prosperity to the UK. UKBIC is a key part of the Faraday Battery Challenge (FBC), a Government programme to fast track the development of cost-effective, high-performance, durable, safe, low-weight and recyclable batteries. Funding: In addition to funding from the Faraday Battery Challenge through UK Research and Innovation and the Industrial Strategy Challenge Fund, we are also part-funded through the West Midlands Combined Authority. The project has been delivered through a consortium of Coventry City Council, Coventry and Warwickshire Local Enterprise Partnership and WMG, at the University of Warwick. UKBIC was created in 2018 following a competition led by the Advanced Propulsion Centre with support from Innovate UK. Want more information?: Contact us at 📩 [email protected] or check out our website 👇

Investor insights

Funding rounds participated in

$37M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Appliances, Electrical, and Electronics Manufacturing

Sectors

Appliances, Electrical, and Electronics Manufacturing

Date founded

2018

Funding rounds raised

Total raised

$37M

from 1 investors over 1 rounds

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UKBIC raised $37M on April 16, 2019

Investors: Industrial Strategy Challenge Fund

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