What is the mission?
Molyon is developing high-energy-density lithium-sulfur (Li-S) batteries with improved performance, more earth-abundant materials and resilient supply chains. These will have double the energy density of current lithium-ion batteries and will solve key issues like range anxiety and weight concerns in drones and EVs to power the drive to electrification.
Who are the founders?
Molyon has emerged from 15 years of material science research in the Chhowalla Group at the University of Cambridge. Co-founders Dr Ismail Sami (CEO) and Dr Zhuangnan Li (CTO) met whilst studying under co-founder Professor Manish Chhowalla (Chief Scientific Officer), where they discovered and developed the high-performance cathode technology. A fourth co-founder, Dr Sai Shivareddy (co-founder and CEO of battery technology startup Nyobolt) is a commercial advisor to the company.
Why did Carina get involved?
Electric vehicle demand may have softened in the short term but demand for batteries is higher than ever, and electrification of our society has only just begun.
Molyon’s cathode technology in lithium-sulfur batteries can already deliver twice the energy density per weight of today’s lithium-ion, far outcompeting other battery companies and competitors working on lithium-sulfur. It has also shown that it can solve one of the technology’s big limiting factors to date: producing batteries that don’t degrade quickly after a few charge-recharge cycles.
I believe Molyon offers a new path for the UK to establish itself as a leader in the global battery landscape, drive a wave of industrial growth and secure our energy independence.