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Sicona - About the company

Sicona is a series B company based in Wollongong (Australia), founded in 2019 by Christiaan Jordaan, Andrew Minett and Andrew Minett. It operates as a Developer of battery materials leveraging silicon metal for lithium-ion batteries. Sicona has raised $28.9M in funding from investors like Himadri, Artesian and Riverstone Holdings. The company has 1305 active competitors, including 81 funded and 85 that have exited. Its top competitors include companies like Amprius Technologies, Sunwoda Electronic and 24m Technologies.

Company Details

Developer of battery materials leveraging silicon metal for lithium-ion batteries. The company focuses on increasing the energy density of lithium-ion batteries. It aims to deliver high-performance battery materials at mass market scale.
Email ID
*****@siconabattery.com
Key Metrics
Founded Year
2019
Location
Wollongong, Australia
Stage
Series B
Total Funding
$28.9M in 8 rounds
Latest Funding Round
Investors
Ranked
Employee Count
39 as on Aug 31, 2026
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Sicona's funding and investors

Sicona has raised a total funding of $28.9M over 8 rounds. Its first funding round was on Jul 2020. Its latest funding round was a Series B round on Aug 25, 2026 for $*****. 1 investor participated in its latest round. Sicona has 15 institutional investors.

Here is the list of recent funding rounds of Sicona:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 25, 2026
8055971
Series B
5268235
3675090
7223591
1543393
Jun 29, 2026
7660475
Grant (prize money)
6614664
7299428
4938439
Jan 15, 2026
8130116
Series B
9269381
5616032
1493979
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Sicona's founders and board of directors

Founder? Claim Profile
The founders of Sicona are Christiaan Jordaan, Andrew Minett and Andrew Minett. Christiaan Jordaan is the CEO of Sicona.
Here are the details of Sicona's key team members:

Sicona's employee count trend

Sicona has 39 employees as of Aug 26. Here is Sicona's employee count trend over the years:
Employee count trend for Sicona
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Sicona's Competitors and alternates

Top competitors of Sicona include Amprius Technologies, Sunwoda Electronic and 24m Technologies. Here is the list of Top 10 competitors of Sicona, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amprius Technologies
Amprius Technologies
2009, Fremont (United States), Public
Developer of silicon nano-wire-based Li-Ion batteries
$55M
72/100
2nd
Logo for Sunwoda Electronic
Sunwoda Electronic
1997, Shenzhen (China), Public
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
-
71/100
3rd
Logo for 24m Technologies
24m Technologies
2010, Cambridge (United States), Series H
Developer of battery technology for electric vehicles and energy storage
$500M
69/100
4th
Logo for Neuron Energy
Neuron Energy
2018, Mumbai (India), Series A
Manufacturer of lithium-ion batteries for electric vehicles and energy storage
$9.61M
69/100
5th
Logo for InoBat
InoBat
2019, Bratislava (Slovakia), Series B
Developer of battery solutions for energy security and sustainable e-mobility
$148M
68/100
6th
Logo for Verkor
Verkor
2020, Grenoble (France), Series C
Manufacturer of lithium ion battery cells for electric vehicle mobility
$1.34B
68/100
7th
Logo for EnerSys
EnerSys
Public
Manufacturer of industrial battery systems and energy power storage solutions
-
68/100
8th
Logo for Indigrid Technology
Indigrid Technology
2016, Gurugram (India), Series A
Platform offering electric vehicle powertrain products and electronic design manufacturing services
$14M
65/100
9th
Logo for PowerX
PowerX
2021, Minato (Japan), Public
Manufacturer of stationary battery storage systems and related energy services
$129M
64/100
10th
Logo for Pravaig
Pravaig
2011, Bengaluru (India), Seed
Electric vehicle manufacturer offering long-range and performance-oriented electric SUVs
$7.62M
63/100
24th
Logo for Sicona
Sicona
2019, Wollongong (Australia), Series B
Developer of battery materials leveraging silicon metal for lithium-ion batteries
$28.9M
57/100
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Sicona's Investments and acquisitions

Sicona has made no investments or acquisitions yet.

Reports related to Sicona

Here is the latest report on Sicona's sector:

News related to Sicona

lockFilter this list
Media has covered Sicona for a total of 5 events in the last 1 year, 1 of them has been about company updates.
•
Sicona's Series A FundraisingGlobal Legal Chronicle•Jun 22, 2023•JWS Capital Management, Himadri, Sicona
•
Sicona Battery Technologies moves on graphite to graphene processAustralian Manufacturing Forum•May 08, 2023•Sicona
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