Nexeon, a UK-based company that produces silicon-based anode materials for lithium-ion batteries, has welcomed Honda as a new investor. The investment, whose amount has not been disclosed, is intended to support Nexeon's further growth and the development of its silicon anode materials.
Honda is investing in Nexeon through its global open-innovation program, Honda Xcelerator Ventures, which focuses on innovative startups. Although Nexeon is not a typical startup, having been founded 20 years ago and already having raised over $200 million from investors in 2022, the investment is expected to help the company advance its technology.
View Price on AmazonWith the support of its new investor, Nexeon plans to further develop its silicon-based anode materials for lithium-ion batteries. These materials replace traditional graphite in the anodes, significantly increasing the energy density and charging speed of batteries. According to Nexeon, the company has made significant progress in developing advanced silicon-carbon materials, "pushing the boundaries of what is possible for next-generation battery performance."
"We are pleased to welcome Honda as a new shareholder as we enter an exciting phase and commercialize our technology. We look forward to working closely with Honda and our other partners to expand production," said Dr. Scott Brown, CEO of Nexeon. "This funding round not only confirms the viability of our technology and our commercial success but also highlights the strategic role that Nexeon can play in the global transition to electrification."
The commercialization of the technology refers to Nexeon's first large-scale production facility for anode materials, which the company has been building in the South Korean industrial city of Gunsan since 2023. In December 2025, the company announced that the facility was ready for production. The site is located next to partner company OCI, ensuring a direct pipeline supply of the required monosilane gas. According to previous statements, the facility is expected to produce "tens of thousands of tons" of silicon anode material per year. As the first major customer, Panasonic has been confirmed to use the battery material in its cell factory, which opened in 2025 in De Soto, near Kansas City, USA.
Source: electrive.net
