CarbonX Secures €4 Million to Revolutionize Battery Anodes in Europe

Amsterdam's CarbonX has raised €4 million to develop a new anode material, aiming to reduce Europe's reliance on Chinese graphite imports. The funding brings their total to €14 million, led by Energy Transition Fund Rotterdam. Their innovative technology promises faster charging, longer-lasting batteries, and lower carbon emissions. CarbonX plans to establish high-capacity production in Rotterdam and the US by 2025.