Exelon invests in Natrion's battery performance tech
Exelon invests in early-stage companies building practical, climate-focused solutions with strong commercial potential.
TechNexus Venture Collaborative portfolio company Natrion is joining the Exelon Foundation’s Climate Change Investment Initiative portfolio (2c2i) as the energy giant looks for battery technologies that are safer, cheaper, and easier to deploy. Now in its seventh year, 2c2i invests in early-stage companies building practical, climate-focused solutions with strong commercial potential and the ability to benefit Exelon’s major markets, including Chicago – where Natrion has a growing presence. The Exelon Foundation announced its investment in Natrion alongside Blackcurrant AI, spotlighting battery technology as a critical piece of the energy industry’s next growth phase. “Helping companies scale up and bring new tools and technologies to market is critical as we work to lead the energy transformation while keeping customer bills as low as possible,” said Sunny Elebua, Exelon’s Chief Strategy and Sustainability Officer. The clean energy market has already shown strong demand for solar, electrification and distributed energy. The challenge now is meeting that demand where the market is: with technologies that are affordable, reliable and ready to scale. Companies that solve material- and component-level constraints could become key suppliers to the broader energy transition. That is where Natrion fits in. The company, led by CEO and founder Alex Kosyakov (pictured) is developing advanced battery components — namely LISIC, its ceramic-polymer composite solid-state electrolyte, and an active battery separator built on that platform — for use across solar, electric mobility, grid storage and other electrified infrastructure. Over time, the technology could help extend battery life, reduce degradation and lower total system costs across multiple clean-energy markets. This capital infusion arrives alongside Natrion's recent expansion into manufacturing defense-optimized battery cells, supplementing its core battery component business. These cells are engineered specifically f
By Alex Chen at TechNexus Venture Collaborative