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Nexeon
Transportation · Sutton Courtenay, United Kingdom · Founded 2006
Silicon anode materials for higher-energy-density lithium-ion batteries MoreLess
Nexeon is a UK battery-materials company developing silicon anode materials that replace or supplement graphite in lithium-ion cells to raise energy density for electric vehicles, consumer electronics and stationary storage. Its NSP-family materials are designed as drop-in upgrades for existing cell manufacturing; the company has R&D and scale-up operations in the UK and brought online a volume silicon-carbon production plant in Gunsan, South Korea. In August 2026 Nexeon closed a £100 million (about €117 million / $133 million) investment round including £52.6 million from the UK National Wealth Fund, with Korea Development Bank and Honda Xcelerator Ventures among new investors, to expand UK pilot manufacturing, R&D and advanced manufacturing capacity and strengthen the domestic battery supply chain. Sources: National Wealth Fund, 31 Aug 2026; Tech.eu August 2026 deals roundup; Dealroom / company announcements.
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