# ACT-ion Battery Technologies

> ACT-ion Battery Technologies is a Dallas-based advanced materials startup building a cleaner, faster way to make cathode active materials (CAM) - the single most expensive ingredient in a lithium-ion battery. Spun out of Hunt Energy Enterprises in 2019 and led by CEO/CTO Jin-Myoung Lim, ACT-ion uses a continuous, chemistry-agnostic manufacturing process to produce surface-engineered single crystal cathode powders in a fraction of the time and cost of incumbents, with less energy, water and waste. The company is scaling its process at a pilot plant in Carrollton, Texas, with the goal of anchoring a domestic battery-materials supply chain.

- **Founded:** 2019
- **Headquarters:** Dallas, Texas, United States
- **Founders:** Jin-Myoung Lim (Co-Founder, CEO & CTO)
- **Team size:** ~12 employees
- **Products:** Single Crystal Cathode Active Materials (CAM), Continuous CAM Manufacturing Process, Chemistry-Agnostic Platform
- **Notable:** Won an R&D 100 Award in 2024 for innovation in cathode active material manufacturing, Raised approximately $11.5M total across 2025 rounds from strategic global investors (BASF, LG, Mirae Asset, KB, Kyobo), Secured DOE support (AMMTO and VTO) for technology scale-up

## Products & services

- **Single Crystal Cathode Active Materials (CAM)** — Surface-engineered single crystal cathode powders that deliver higher energy density, longer cycle life and improved safety for lithium-ion batteries.
- **Continuous CAM Manufacturing Process** — A novel, clean, chemistry-agnostic continuous process that produces coated single crystal cathodes far faster than conventional methods, using less energy, water and physical footprint with no byproducts.
- **Chemistry-Agnostic Platform** — A single production line capable of making multiple cathode chemistries - NMC, LFP and lithium-manganese-rich - letting battery makers follow market demand without retooling.

## Achievements

- Won an R&D 100 Award in 2024 for innovation in cathode active material manufacturing
- Raised approximately $11.5M total across 2025 rounds from strategic global investors (BASF, LG, Mirae Asset, KB, Kyobo)
- Secured DOE support (AMMTO and VTO) for technology scale-up
- Signed a lease for a dedicated cathode pilot plant in Carrollton, Texas (2025)

## Latest updates

- **2025-02** — Closed $7.5M Pre-Series A round led by BASF Venture Capital, with Hunt Energy Enterprises, Mirae Asset Capital, Arosa Capital Management and LG Technology Ventures.
- **2025-09** — Raised an additional ~$4M co-led by KB Investment and Kyobo Securities, and announced a pilot plant at 1200 Tappan Circle in Carrollton, Texas.

## Links

- Website: https://act-ion.com
- LinkedIn: https://www.linkedin.com/company/act-ion-battery-technologies

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Profile page: https://yespress.io/act-ion
Published by YesPress — https://yespress.io
Last updated: 2026-07-07