TaiSan Secures £4.65 Million to Advance Sodium-Ion Battery Technology
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UK-based battery technology startup TaiSan has raised £4.65 million in a funding round to accelerate the development of its sodium-ion battery technology. The company plans to use the investment to further refine its products and begin pilot testing with manufacturing partners.
Funding Round Attracts New and Existing Investors
The funding round was led by Eos Advisory and the Midlands Engine Investment Fund II, managed by Mercia Ventures. Additional investors included AFI Ventures, EverQuest Capital Partners, Adeline Arts & Science, Techmind, angel investor François Badelon, and existing backers InnoEnergy, TSP Ventures, Exergon, and Heartfelt.
The latest investment will support technology development and help TaiSan move closer to commercial deployment through pilot projects with leading manufacturers.
Focus on Sodium-Ion Battery Innovation
Founded by CEO Sanzhar Taizhan, TaiSan develops sodium-ion battery technology for mass-market applications. The company is building battery solutions for electric bikes, electric scooters, light electric vehicles, and power tools.
Its core technology combines a proprietary gel polymer electrolyte with a sodium-metal anode. According to the company, this design removes the need for heavy liquid electrolytes and bulky separator materials. As a result, the batteries can deliver higher energy density while using a more compact design.
Targeting Micromobility and Power Tools
TaiSan is currently focused on the growing micromobility market, particularly electric bikes and e-scooters. In addition, the company is developing battery solutions for power tools, where compact size and energy efficiency remain key requirements.
The fresh funding is expected to support the next phase of product development as TaiSan prepares its technology for pilot testing with industry manufacturers.
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