BASQUEVOLT, a European technology company specialised in next-generation solid-state battery technology, today announced the entry of Axon Partners Group into its shareholding. The investment is made through Axon’s ClimateTech Impact investment strategy, supported by Ventures EPM, alongside complementary public funding from CDTI (Centre for the Development of Technology and Innovation) through its SICC Innvierte match-funding scheme. This transaction will enable BASQUEVOLT to continue advancing its industrial roadmap, strengthen its position within the European advanced battery ecosystem, and support the development of a competitive and resilient battery value chain in Europe.
BASQUEVOLT’s technology focuses on developing advanced electrolytes for next-generation batteries, designed to significantly improve energy density, fast charging capabilities, safety, and overall battery performance. The company’s approach is based on solutions that can be integrated into existing industrial manufacturing processes, facilitating scalability, reducing costs, and accelerating adoption among industrial cell manufacturers while lowering barriers to large-scale deployment.
The resources secured through the entry of Axon Partners Group and the support of CDTI-Innvierte will allow BASQUEVOLT to advance its industrial roadmap, including the scale-up of electrolyte production and the strengthening of its manufacturing and validation capabilities. Axon brings strategic value through its experience in investing in technology- driven companies, particularly in deep tech linked to the energy transition, as well as its strong track record in supporting the industrial scaling of innovative projects. Axon’s participation also reinforces BASQUEVOLT’s strong institutional, technological and industrial ecosystem, supporting the company’s long-term growth strategy as it progresses towards expanding its cell manufacturing capacity and scaling the production of the electrolyte required to reach TRL6.
Basquevolt represents the type of deep tech innovation Europe needs to accelerate the energy transition. Its solid-state electrolyte technology combines disruptive performance with industrial scalability, addressing some of the most critical challenges in next-generation energy storage. At Axon, we are excited to support the team as they move from technological validation towards large-scale industrial deployment,´ said Álvaro Pascual, Senior Associate at Axon.
