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February 12, 2024

Delft's CarbonX Raises €10M for Graphite Alternative

CarbonX is on a mission to address the growing demand for essential raw materials in the battery sector

With the global shift towards electric vehicles (EVs), the demand for crucial battery components like graphite is soaring. However, the supply chains are struggling to keep pace. Approximately one-third of all EVs projected to be produced by 2030 could face graphite shortages, exacerbated by recent export restrictions from China.

In response to this challenge, Dutch deeptech startup CarbonX is stepping up to provide a sustainable and local alternative to graphite for the battery industry. Recently, the Delft-based company secured €10 million in funding led by Innovation Industries, InnovationQuarter, and the European women-led VC Borski Fund.

CarbonX's mission is to revolutionize the battery industry by offering a cost-effective and eco-friendly carbon anode material. Founded in 2014 by Rutger Van Raalten and Daniela Sordi as a spinoff from TU Delft, CarbonX utilizes a unique feedstock technology that minimizes energy consumption and reduces the carbon footprint compared to traditional graphite production methods.

Their innovative 3D porous network structure enhances electron and lithium-ion transfer, resulting in superior battery performance. Moreover, CarbonX is actively collaborating with industry partners to develop fast-charge and high energy density grades, further enhancing their product offerings.

By establishing localized supply chains and leveraging their emulsion feedstock technology, CarbonX aims to reduce reliance on graphite imports from China. This not only ensures a steady supply of raw materials but also reduces costs and environmental impact.

Daniela Sordi, CTO of CarbonX, emphasized the seamless integration of their technology into existing carbon black manufacturing plants, enabling the production of novel carbon materials with active anode properties.

Rutger van Raalten, CEO of CarbonX, highlighted the importance of localized supply chains in light of recent export restrictions, underscoring CarbonX's role in enabling the EU and US to source raw materials independently while reducing costs and carbon emissions.

The funding injection will fuel CarbonX's next phase of growth, enabling further optimization of their technology, expansion of commercial operations, and increased production capacity. With their innovative approach and strong investor backing, CarbonX is well-positioned to lead the charge towards sustainable and localized battery supply chains.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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