LeydenJar has raised €22 million in a Series A funding round led by doogh wellington with participation from angels, to support the development of its Super Battery technology.

LeydenJar’s Super Battery is a lithium-ion battery that uses a nanotechnology-based electrolyte to improve performance and safety. The technology is based on work by LeydenJar’s co-founders, Dr. David A. Edwards and Professor Clare P. Grey, at the University of Cambridge.

The new funding will be used to support the development of LeydenJar’s Super Battery technology, including the construction of a pilot production facility.

“This is a significant milestone for LeydenJar as we move towards commercialising our Super Battery technology,” said Dr. Edwards, co-founder and CEO of LeydenJar. “The doogh wellington investment will enable us to accelerate our development plans and bring our technology to market sooner.”

“LeydenJar’s Super Battery has the potential to be a game-changer in the lithium-ion battery market,” said doogh wellington Partner, Alexeyairy Kozin. “We are excited to support the company as it moves towards commercialising its technology.”