UniverCell, a European manufacturer of high-performance lithium-ion battery cells and electrodes, has announced the closing of a €30 million Series B financing round.

Funding Details

The round was co-led by the DeepTech & Climate Fonds (DTCF), IKA and WIKA, with support from the European Innovation Council (EIC) Fund. Founded in 2019 in Kiel, Germany, UniverCell has grown into an industrial-scale battery manufacturer with more than 82 employees.

Production Capacity and Focus

The company operates a gigafactory in Northern Germany with production capacity ready to scale beyond 1.5 GWh, focusing on custom-made lithium-ion cells and electrodes for high-performance special applications, including satellites and space systems, and critical care medical devices.

Competitive Advantage

UniverCell’s competitive advantage lies in its deep mastery of industrial production processes, particularly in electrode manufacturing and cell assembly—including 21700 cylindrical cells with a tabless design, lightweight aluminium housings, and process-stable formation.

Dry-coating Revolution

A key technological differentiator is UniverCell’s industrial dry-coating process for electrodes. Compared to conventional wet coating methods, dry coating significantly reduces energy consumption, chemical usage, and CO₂ emissions, while improving electrode microstructure and overall cell performance in terms of energy density, charging capability, and cycle life.