University of Cambridge spinout Kodiaq Technologies has secured an £850,000 investment in support of its metal-free energy storage product.
The firm has developed proprietary organic electrolyte technology to increase energy density and therefore enhance storage capacity.
It claims its technology will enhance the performance of flow batteries with a significant reduction in the investment cost per unit of storage.
“Energy storage doesn’t have to be dependent on the price or availability of metals. Our approach will replace that dependency with something globally available, sustainable, and scalable,” said Kodiaq chief executive Dr David Fyfe.
“This investment enables us to move development to the point at which pilot projects will demonstrate how British innovation can deliver global solutions.”
Now working on pilot projects, the company aims to raise a larger funding round in mid-2026 that will be used to establish scaled-up demonstration projects across various global markets.
“Kodiaq’s business model combines deep scientific expertise with a clear commercial pathway,” added Fyfe.
“In a market increasingly shaped by geopolitical and material constraints, our metal-free chemistry represents both a competitive edge and a strategic opportunity.”
The investment came from a group of over twenty angel backers from the climate tech and deep tech communities.
