Elron Ventures Leads a Strategic Investment in Addionics Ahead of a Series C and to Accelerate Entry into the Defense Tech and Space Markets

Elron Ventures will invest in Addionics, which raised approximately $40 million in its Series B round, with participation from leading strategic investors such as GM Ventures and Deep Insight.

The investment in Addionics is part of Elron Ventures’ new investment strategy, which focuses on deep tech and defense tech alongside investments in companies at early growth stages.

Tel Aviv, Israel – December, 29, 2025 - Elron Ventures today announced a strategic investment in Addionics, the global leader in Smart Metals for next generation batteries. The investment supports Elron’s investment strategy focused on deep tech and defense tech at early growth stages. As part of the investment, Lisya Bahar Manoah, Chairperson of Elron Ventures, will join Addionics’ board of directors.

Elron’s investment strengthens Addionics’ position as a critical technology platform for the development of high performance, highly reliable batteries for mission-critical systems, joining a group of additional strategic investors in the company. In its previous Series B round, Addionics raised approximately $40 million with participation from leading strategic investors such as GM Ventures and Deep Insight, as well as additional strategic investors including Avery Dennison, Scania, Magna, Novelis, JX Nippon, and others.

Addionics’ Smart Metals platform delivers critical advantages in the global battery market, which is projected to exceed $400 billion by 2035. The company develops and manufactures metals in smart architectures that significantly enhance battery performance while reducing production costs. One of the industries requiring advanced batteries is the defense tech sector. Spending on advanced batteries in this field is expected to surpass $10 billion by 2030, supporting electrified combat systems, unmanned aerial vehicles, high power communications, and next generation military systems. In fact, the defense tech market is one of the fastest growing segments in the advanced battery industry, and Addionics’ entry into this market represents a significant milestone.

Batteries have become one of the key strategic resources of the decade and are now at the center of industrial policy, supply chain transformation, and the global effort to achieve energy independence. In defense tech and space, where reliability, survivability, and consistent performance are mission-critical, demand for advanced energy solutions continues to grow. Additional industries requiring advanced batteries include electric vehicles, space industries SpaceTech including satellite systems, low Earth orbit platforms, and advanced mobile energy solutions, as well as industries requiring industrial energy storage Grid and Storage power infrastructure demanding high stability, reliability, and energy efficiency.

Addionics’ platform delivers batteries with higher energy density, improved thermal stability, lower weight, higher charge and discharge power, rugged reliability under extreme conditions, and attractive production costs at industrial scale. The combination of strong mechanical stability, extended lifetime, and fast charging capability positions Addionics as a leading technology provider for high performance, high reliability applications.

Lisya Bahar Manoah, Chairperson of Elron Ventures:

“Our investment in Addionics highlights Elron’s strategy to support deep tech companies with a clear path to growth and scale. Addionics’ solution takes a physics based, chemistry agnostic approach that is compatible with all battery chemistries and does not require changes to existing manufacturing processes. This combination enables higher power and energy density and positions the technology for rapid adoption across industries such as electric vehicles, space, and defense tech.”

Dr. Moshiel Biton, CEO and Co-Founder of Addionics:

“We are excited and proud to partner with Elron Ventures and welcome Lisya to our board of directors as we expand into new strategic markets. Addionics is entering the next phase of growth with our Smart Metals technology, and we are confident in our ability to lead this category and establish a new standard for high performance batteries for defense tech and space applications.”

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About Elron Ventures

Elron Ventures is a leading investment company specializing in supporting and accelerating breakthrough technology companies. The firm focuses on early growth investments in deep tech, defense tech, cyber, and SaaS solutions. Since its founding in 1961, Elron has built a strong track record of successful investments and exits, leveraging its deep expertise and experience to drive growth and innovation. Its unique model enables portfolio companies to accelerate product maturity, achieve technological validation, and benefit from financial and managerial backing while meeting the highest industry standards.

About Addionics

Addionics is a leader in Smart Metals - a new class of advanced metal structures that significantly enhance battery performance and reduce production costs across all battery chemistries and formats. The company’s flagship Smart 3D Current Collectors increase energy density, improve safety, reduce charging time, and extend battery lifetime. Addionics is also a breakthrough enabler of dry coating through its unique porous metal structures that improve adhesion and stability. Addionics is partnering with global leaders in EVs, defense, consumer electronics, and energy storage to accelerate the next generation of electrification.