ABP Completes €43M Investment in LeydenJar for Silicon Anode Mass Production
ABP, through its asset manager APG, has completed a €43 million investment in LeydenJar, which includes a recent €7.8 million equity injection, to support the mass production of its silicon anode technology. The funding, which builds on previous rounds totaling €43 million, will enable LeydenJar's PlantOne facility to begin operations in early 2027, positioning the company as a leader in advanced battery materials with a focus on sustainability.
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LeydenJar has secured an additional €7.8 million equity investment led by ABP's asset manager APG, completing a €43 million capital raise aimed at launching mass production of its silicon anode technology. This investment builds on a previous €21 million equity round, €10 million in customer funding, and €12 million from grants and loans.
LeydenJar's production facility, PlantOne, is set to begin operations in early 2027. The funding reflects strong institutional interest in scalable technologies with climate benefits, aligning with ABP's long-term investment strategy. LeydenJar's technology enables higher-performing batteries and reduces production carbon footprints, positioning the company as a leader in advanced battery materials.
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