Kodiaq Technologies, a University of Cambridge spin-out, has secured £850,000 in funding to advance its UK-developed organic electrolytes for long-duration, metal-free energy storage.
The round was backed by more than 20 investors from the climate tech and deep tech sectors, signalling growing confidence in organic chemistry as a scalable alternative to conventional battery materials.
Kodiaq’s proprietary organic electrolytes are designed to boost energy density, improving the performance of flow batteries while reducing the cost per unit of storage. By replacing mined metals with organic compounds, the company aims to deliver both environmental benefits and long-term supply resilience for global energy storage markets.
“Energy storage doesn’t have to be dependent on the price or availability of metals,” said Dr David Fyfe, Kodiaq CEO. “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.”
Founded on patented Cambridge research, Kodiaq was co-created by Professor Oren Scherman, Dr Kamil Sokolowski, and Dr Fyfe, who previously led Cambridge Display Technology to a NASDAQ listing and $285 million trade sale. The company’s capital-light model focuses on retrofitting existing flow battery systems, while also partnering with OEMs to co-develop future-generation storage.
