Volexion

Evanston, IL · Privately Held (backing)

Developer of a graphene coating technology designed to be used for lithium battery cathode materials. Volexion is based in Evanston, IL. Its last reported valuation was $6.9 million in Dec 2023. It has raised $5 million across 3 recorded rounds; the latest was a $1.4 million seed round in Jun 2025.

Last reported valuation
$6.9M
Oct 2026
Priced at
—
Total raised
$5.0M
Last round
Seed Round
Jun 2025

Volexion key facts

as of Oct 2026
  • Developer of a graphene coating technology designed to be used for lithium battery cathode materials.
  • Volexion is valued at approximately $6.9M as of Oct 2026 (last reported valuation).
  • It has raised $5.0M across 3 recorded rounds; the latest was Seed Round ($1.4M) in Jun 2025.
  • Notable investors include US National Science Foundation, U.S. Department of Energy, Third Derivative, E8 (Seattle), For ClimateTech — 15 tracked in total.
  • Volexion has filed 3 Form Ds with the SEC since 2021, most recently Jul 2025 ($1.4M sold to 12 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$6.9M

Volexion's last reported valuation, Dec 2023. Nothing priced has surfaced since.

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Volexion funding rounds

3 rounds
Jun 2025Seed Round$1.4MSEC filing▮
Apr 2023Seed Round$961KSEC filing▮
Apr 2021Seed Round$1.3MSEC filing▮

Volexion valuation

Volexion's last reported valuation was $6.9 million in Dec 2023. No priced round, secondary trade or fund mark has surfaced since.

How much has Volexion raised?

Volexion has raised $5 million across 3 recorded rounds since 2021. The largest was a $961,190 seed round in Apr 2023; the most recent was a $1.4 million seed round in Jun 2025.

Volexion has filed 3 Form Ds with the SEC since 2021, most recently in Jul 2025 ($1.4 million sold to 12 investors).

Volexion investors

15 investors are on record for Volexion, including US National Science Foundation, U.S. Department of Energy, Third Derivative and E8 (Seattle). The seed round in Jun 2025 drew 12 investors.

About Volexion

Developer of a graphene coating technology designed to be used for lithium battery cathode materials. The company's technology offers a comprehensive and generalizable mixture that affords stability and electrochemical performance to conventional lithium-ion batteries, enabling clients to achieve improved battery life, power performance and a wider temperature and voltage range.

Sector
Energy
HQ
Evanston, IL, United States
Employees
8
Ownership
Privately Held (backing)

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