Floatech Secures €2.5 Million Funding from European Innovation Council for Battery Anode Development
Floatech, a Madrid-based start-up focused on high-performance battery anodes, has received €2.5 million in funding through the EIC Accelerator programme. This funding supports its patented Floating Catalyst Chemical Vapour Deposition technology and its product Si⋮Coil, a silicon anode intended to replace graphite.
Floatech plans to establish a manufacturing megafactory by 2029 to serve the electronics sector and collaborate with automotive manufacturers for electric vehicle gigafactories by 2030. The EIC funding could lead to an additional €10 million investment, enhancing Floatech's position within European industrial value chains and reducing dependency on critical materials sourced externally.
