Kodiaq Technologies Raises £850K To Advance Metal-Free Long-Duration Batteries

The company’s technology is designed to offer a scalable, cost-efficient alternative to lithium- and vanadium-based solutions. By using organic chemistry instead of mined metals, Kodiaq aims to deliver environmental and strategic benefits, including stronger supply resilience for the global energy-storage sector.

More than twenty investors from the climate-tech and deep-tech communities participated in the round. The funds will accelerate product development ahead of a planned larger raise in mid-2026, which will support scaled demonstration projects in key international markets.

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Kodiaq was co-founded by Professor Oren Scherman (CSO) and Dr. Kamil Sokolowski (CTO) leaders in advanced energy materials alongside Dr. David Fyfe, former chairman and CEO of Cambridge Display Technology, where he guided the company from a university spin-out to a NASDAQ listing and eventual $285 million acquisition.

Built on patented research from Cambridge University, Kodiaq develops organic electrolytes that increase the energy density of long-duration flow batteries, significantly enhancing capacity and improving the return on investment for solar and wind generation.

Its capital-light strategy focuses on retrofitting existing flow-battery systems, while also pursuing co-development partnerships with OEMs and integrators for next-generation storage technologies.

With global energy demand surging driven by AI computing and data centre electrification Kodiaq’s technology aims to address a critical challenge: improving large-scale energy storage economics without relying on scarce or geopolitically sensitive materials.

In a statement, Dr David Fyfe, CEO, Kodiaq Technologies, said: “Energy storage doesn’t have to be dependent on the price or availability of metals. Our approach will replace that dependency with something globally available, sustainable, and scalable. This investment enables us to move development to the point at which pilot projects will demonstrate how British innovation can deliver global solutions.”

He added: “Kodiaq’s business model combines deep scientific expertise with a clear commercial pathway. In a market increasingly shaped by geopolitical and material constraints our metal-free chemistry represents both a competitive edge and a strategic opportunity.”

About Kodiaq Technologies

Kodiaq Technologies develops metal-free organic electrolytes for long-duration energy storage, offering a scalable cost-efficient alternative to lithium and vanadium systems. Its technology boosts battery performance while improving sustainability and supply resilience.