Nexeon completes £100m investment round with new investor, National Wealth Fund
1 September 2026
1 minute read
“Companies like Nexeon show the strength of British Innovation… if we are serious about growth, we must be serious about backing British businesses like this.” – John Healey MP, Chancellor of the Exchequer.
Salica has been a major investor in Nexeon for six years and Nexeon is at the forefront of battery technology and advanced manufacturing with its R&D facilities in the UK and manufacturing plant in Gunsan, Korea. Nexeon’s cutting-edge silicon anode materials enable production of higher energy density lithium-ion batteries, helping to reduce charging times and extend the range of electric vehicles.
Following the announcement earlier this year of Honda’s strategic investment in the business, we are delighted to welcome the UK’s National Wealth Fund as the newest co-investor with a commitment of $70m to help the business continue to develop and scale. Congratulations to the whole team at Nexeon on this milestone investment.
