SAS Tiamat Asset Profile

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Year established

2017

Location

Amiens France

Primary Industry

Energy Storage & Batteries

About

Founded in 2017 and based in Amiens, France, SAS Tiamat develops sodium-ion batteries for energy storage. The company's technology is the result of academic research carried out by the Collège de France in Paris and in October 2018, the company received its first funding from Picardie Investissement. In March 2021, SAS Tiamat received EUR 3.5 million in Series A funding from Picardie Investissement, Finovam Gestion, Celeste Management, and CAP3RI. The company offers sodium-ion batteries a rechargeable battery analogous to the lithium-ion battery for mobility and stationary energy storage. The company's products provide a safe, fast, and performing solution. The company's revenue generated from the development and manufacturing of sodium-ion batteries.

Current Investors

Finovam Gestion, Picardie Investissement, CNRS Innovation

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Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries

Website

www.tiamat-energy.com

Verticals

Clean Technology, Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Deals

Deals Type
Trade Sale

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	SAS Tiamat	12 Jan 2024

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