29
May
Today, Bristol battery tech company Anaphite raised £1.6 million. This consists of £685k grant funding via the Investor Partnerships Future Economy programme and more than £880k committed by private investors, including Elbow Beach Capital, Wealth Club, Bristol Private Equity Club, and angel investors. Anaphite has a unique chemistry-based approach to manufacturing more sustainable, faster charging and lower-cost batteries to power the EV transition. Its proprietary process produces fully formulated 'Dry Coating Precursor powders' to customer specifications, enabling them to move from today's energy-intensive solvent-based manufacturing processes to dry processes without compromising product performance. Typically, batteries account for up to 30…