FluoRok, a promising startup based in Oxford, England, has secured a significant £7.7 million investment to propel its innovative battery technology to the forefront of the industry. The oversubscribed funding round was led by BGF, a leading investor in high-growth businesses, with additional support from Green Generation Fund, a specialist in sustainable technologies.
The investment will enable FluoRok to scale up its operations, ramp up manufacturing capabilities, and accelerate the commercialization of its groundbreaking fluorochemical reagents and battery electrolyte salts. These specialized materials hold the key to enhancing battery performance, extending lifespan, and ultimately driving the adoption of cleaner, more efficient energy storage solutions.
The funding round also saw participation from Volta Energy Technologies, a renowned expert in the battery sector, as well as existing investors Oxford Science Enterprises, the University of Oxford, Excellis Holding, and a group of angel investors. This diverse coalition of stakeholders underscores the immense potential FluoRok’s technology possesses in revolutionizing the battery landscape.
The influx of capital will allow FluoRok to push forward with its mission to address the critical need for advanced battery technologies that can power a sustainable future. By developing and commercializing high-performance fluorochemicals, the company is poised to make a substantial impact on the global energy transition.
