Zurich's BTRY Raises €4.9 Million for Solid-State Battery Development
Swiss start-up BTRY AG secured €4.9 million in an oversubscribed Seed funding round to develop ultra-thin solid-state batteries. These batteries offer fast charging, high temperature stability, and enhanced safety in a very slim design.
Investment Details
The round was led by Redstone VC with new investors including Bloomhaus Ventures, Linear Capital, Kickfund, Kick Foundation, and CustomCells founders Leopold König and Torge Thönnessen. Existing backers HTGF (High-Tech Gründerfonds) and Zürcher Kantonalbank (ZKB) also renewed their support.
“The oversubscribed round confirms strong investor confidence from experienced DeepTech and industrial backers. Working closely with this international consortium will enable us to transform world-class research into a scalable product,” said Dr. Moritz Futscher, CEO and co-founder of BTRY AG.
Context of Battery Industry Investments in Europe
- Estonia’s Jälle Technologies raised €2 million to develop battery recycling and upcycling materials.
- Sweden’s DREV secured €2.8 million to expand contamination-control solutions for battery manufacturing.
- Germany’s Terra One obtained €150 million to increase grid-scale energy storage capacity.
BTRY’s seed round marks Switzerland's move into the competitive solid-state battery market, aiming to challenge Asian dominance with advanced technologies.
“Working closely with this international consortium will enable us to transform world-class research into a scalable product,” emphasized Dr. Moritz Futscher.
Author’s summary: BTRY AG’s successful fundraising highlights growing Swiss innovation in solid-state batteries, supported by a strong European investment wave in sustainable energy solutions.
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