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Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started.’

Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to get it through the valley of death. Moxion laid off more than 400 employees and its assets were liquidated. Now, the startup’s co-founder, Paul Huelskamp, and several former Moxi

Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started’

Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to get it through the valley of death. Moxion laid off more than 400 employees and its assets were liquidated. Now, the startup’s co-founder, Paul Huelskamp, and several former Moxi

Dutch battery startup LeydenJar’s silicon anode tech could pose a challenge to China

Battery materials startup LeydenJar has closed a €13 million ($15.2 million USD) round to scale up manufacturing of its silicon anode technology for an unnamed “leading U.S.-based consumer electronics company.” The Netherlands-based startup will use the funding, along with a €10 million commitment from the U.S. customer, to build the first phase of its facility, PlantOne in Eindhoven, Netherlands, which will open in 2027. Investors Exantia and Invest-NL lead the round. Today, a majority of the