The battery sustainability platform has raised £1million to accelerate its mission to offer transparency and expertise to the battery industry 

London, UK, Apr 25, 2023: Infyos, the battery sustainability platform bringing expertise to the next generation of battery players, announces today they have raised £1million to help companies navigate the complicated new regulatory landscape around the battery industry. This investment round was led by Europe’s leading climate tech venture capital firm Pale blue dot and joined by Nucleus Capital and Intercalation. 

Last December, the European Parliament announced it had agreed on a new Batteries Regulation, the industry’s most comprehensive battery reporting and compliance laws. From this year, battery manufacturers will be subject to mandatory targets on sustainability, performance, labeling and recycling that will increase in complexity yearly through 2027. According to Rob Johnson, Supply Chain Management Industry expert: 

“It has always been incredibly complex for battery makers to navigate their supply chains and sustainability impacts. However, for European battery makers this has become even more pressing. They need to act now to get ahead of new regulatory deadlines. Makers need support in understanding, implementing and managing their pathway towards sustainability. In doing so, they have a unique opportunity to take a leading role on supply chains and sustainability during this pivotal time.” 

The Battery Regulation overrules national laws and prohibits battery manufacturers from selling their products on the EU market unless they can prove and maintain compliance. These laws apply to any company that manufactures batteries and any device or equipment that contains batteries as a component. For large batteries, like those used in transportation and industry, makers must accompany their products with a digital passport that includes an extensive and specific list of information related to the individual battery’s raw materials, production and uses. Heidi Lindvall, General Partner at Pale blue dot, says: 

“The new EU Batteries Regulation is necessary to ensure the sustainability of an industry that is essential to transitioning our economy away from fossil fuels. We invested in Infyos because they have the perfect blend of innovation and expertise to guide battery players through this complicated landscape.”

The Infyos platform offers unprecedented transparency over battery supply chains and is a one-stop solution for battery makers and car manufacturers to stay ahead of industry changes. With the Suppliers Dashboard, Infyos customers can see ongoing monitoring and assessment of whether their suppliers are in line with legal requirements and industry best practices and collaborate with them to improve. In the coming months, Infyos will be publishing more material and running free webinars on battery supply chain sustainability and related changes in the regulatory environment. 

### 

About Infyos 

Infyos are building a future where every electric vehicle battery is sustainable. The Infyos platform helps battery and car makers to manage, measure and improve their supply chain management and sustainability impacts. We help our customers get ahead of requirement deadlines, remain compliant, demonstrate progress to external stakeholders and become industry leaders. We help our customers take meaningful action on their pathway towards sustainability. 

For more information, contact: 

Sarah Montgomery, CEO 

[email protected]