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Seed Round

For SALZSTROM

$1.0M Apr 17, 2025
Funding Details

Austrian cleantech company SALZSTROM, founded in Vienna, has raised over $1 million in a pre-seed funding round to advance its sodium-ion battery technology, positioning itself as a leader in sustainable energy solutions. The funding will be utilized to further develop their innovative battery technology, which aims to provide a more sustainable alternative to traditional lithium-ion batteries, addressing both environmental concerns and energy storage efficiency. SALZSTROM's technology is expected to enhance energy storage capabilities while reducing reliance on scarce resources used in conventional battery production. This funding round marks a significant milestone for the company as it seeks to revolutionize the energy storage market with its eco-friendly solutions.

Confidence Score
Data extraction confidence: 90%
Participating Investors
Erste Bank

Erste Bank is a leading financial services provider in Central and Eastern Europe, offering a wide range of banking and investment services.

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Other Data Sources
1
Exa Round Data
Apr 21, 2025
Exa Enrichment History
1

Fields Updated
amount currency announced_date description stage
Enrichment Details
Amount
1.0
Currency
USD
Announced Date
2025-04-17T15:03:22
Description
Austrian cleantech company SALZSTROM, founded in Vienna, has raised over $1 million in a pre-seed funding round to advance its sodium-ion battery technology, positioning itself as a leader in sustainable energy solutions.
Stage
Seed
Enrichment History
  • {'updated_at': '2025-04-25T05:33:20.939279', 'fields_updated': {'amount': True, 'currency': True, 'announced_date': True, 'description': True, 'stage': True}, 'query_used': 'SALZSTROM Seed funding round investment valuation', 'sources_count': 5}
Source URLs