US-based startup Bedrock Materials pauses development of sodium-ion batteries

Briefing
Corporate developments

The startup, which secured $9 million in seed funding and opened its R&D headquarters in Chicago in 2024, now plans to return the money to its investors

US-based sodium-ion battery technology startup Bedrock Materials announced April 5 that it is winding down its operations and stopping development work on sodium-ion batteries.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload