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Delft-based Ore Energy exits stealth mode with €10M; unveils battery based on only iron, water and air

Delft-based Ore Energy, a science startup spun out of TU Delft, announced on Thursday that it has emerged from stealth with €10M funding from Positron Ventures and SPRIND. The Dutch company will use the funds to plan the large-scale production of its battery, which is based on only iron, water, and air. What does Ore Energy solve? Iron-air batteries, although invented decades ago, have historically faced significant challenges in cost, rechargeability, and efficiency, hindering their practical a...

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