CarbonX, an Amsterdam-based company, has been awarded the EIC Accelerator grant, competing successfully against 1,211 proposals. This recognition comes with a €2.5M grant and a €5M equity investment. CEO Rutger van Raalten highlighted this as a validation of their technology, marking an important step towards a localized European supply chain for battery materials. Founded in 2014, CarbonX specializes in producing carbon anode materials that offer competitive pricing and enhanced battery performance, positioning itself as a critical player in the electric vehicle market by reducing reliance on imported materials.
CarbonX has been selected to receive funding from the European Innovation Council (EIC) Accelerator grant, a significant triumph among 1,211 applications.
This accomplishment validates CarbonX's technology, allowing the company to establish a fully independent European supply chain for critical battery materials.
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