FluoRok

What FluoRok does

FluoRok Limited is a University of Oxford spin-out founded in 2022 that has developed a proprietary, patented process for producing fluorochemicals without generating toxic hydrogen fluoride (HF) as an intermediate. The company's core technology bypasses the century-old HF-based route by directly employing naturally occurring fluorite mineral (fluorspar) or fluorinated waste streams as raw materials, which the company positions as both a safety and a circular-economy advantage. Its headquarters are at the Quorum in Oxford, with a dedicated pilot production unit and analytical suite for battery electrolyte materials at ARC Oxford Business Park opened in May 2025.

The company's commercial focus is on lithium-ion battery electrolyte salts, primarily lithium hexafluorophosphate (LiPF6) and lithium bis(fluorosulfonyl)imide (LiFSI), together with fluorinating reagents for the agrochemical and pharmaceutical industries. FluoRok operates a dual business model combining direct B2B manufacturing sales of these fluorochemicals with licensing of its HF-free fluorination technology to third-party manufacturers. Disclosed process economics versus incumbent methods include up to 75% lower capital expenditure, up to 25% lower operating costs, and up to 43% reduction in CO2 emissions, and the company has signed a Letter of Intent with European electrolyte producer Green Energy Origin for kilotonnes-level LiPF6 supply.

The company is privately held and venture capital-backed, having raised £7.7 million in an oversubscribed September 2024 round led by BGF and Green Generation Fund alongside Volta Energy Technologies, Oxford Science Enterprises, Excellis Holding, and the University of Oxford, and secured over £6 million in cumulative UK government grants (Innovate UK Faraday Battery Challenge, Advanced Propulsion Centre UK, DRIVE35). Commercialization is supported by an ecosystem of academic and Catapult partners including CPI for process scale-up, WMG at the University of Warwick for electrolyte qualification, and Coventry University for battery cell prototyping. The leadership team combines deep fluorination chemistry research expertise (founder Véronique Gouverneur, Royal Society Fellow and Davy Medal recipient) with specialty chemicals commercialization experience across Infineum, Scott Bader, Solvay, and Rhodia.

Name

FluoRok

Legal name

Fluorok Limited

Website

https://fluorok.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

FluoRok is an Oxford spin-out that manufactures fluorochemicals, principally LiPF6 battery electrolyte salt, using a patented HF-free process. It serves Li-ion battery, agrochemical and pharmaceutical customers through direct sales and technology licensing.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Other Basic Organic Chemical Manufacturing (32519), Other Basic Inorganic Chemical Manufacturing (325180), Chemical Manufacturing (325)

SIC

Industrial Organic Chemicals (2860), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Battery & Energy Storage High-Purity Chemicals (Electrolyte salts/solvents, additives) (IMAEAKAM)

akta.pro secondary industries

Fluorspar (Fluorite) Mining (IMAKAGAM), Fluoropolymers & High-Barrier Resins Manufacturing (PTFE, PVDF, ETFE, EVOH) (IMANAAAF)

Keywords

• Fluorochemical manufacturing
• Lithium battery electrolytes
• HF-free fluorination
• Fluorinating reagents
• Specialty chemicals

Headquarters

HQ city

Oxford

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Fluorochemical Manufacturing: Manufacturing and sale of fluorochemical products including fluorinating reagents and lithium-ion battery electrolyte salts (LiPF6). Revenue generated from product sales to industrial customers in batteries, agrochemicals, and pharmaceuticals sectors.
2. Technology Licensing: Licensing of proprietary HF-free fluorination technology to other manufacturers. Enables reshoring of fluorochemical manufacturing by allowing third parties to adopt FluoRok's safer, more cost-effective process.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

FluoRok manufactures fluorochemicals, including lithium-ion battery electrolyte salts (LiPF6 and LiFSI) and fluorinating reagents, using a patented HF-free fluorination process that bypasses toxic hydrofluoric acid production. The company operates as a B2B manufacturer and technology licensor, supplying industrial customers in the lithium-ion battery, agrochemical, and pharmaceutical sectors, and licensing its proprietary process to enable reshoring of fluorochemical manufacturing.

Product overview

FluoRok offers a unified technology platform for HF-free fluorination that enables safer, more sustainable production of fluorochemicals. The core products include fluorinating reagents and lithium-ion battery electrolyte salts (LiPF6 and LiFSI), all produced using the company's proprietary technology that bypasses toxic hydrofluoric acid. The company operates as a manufacturer and licensor of its fluorination technology, supporting markets in energy storage (Li-ion batteries), agrochemicals, and pharmaceuticals.

Differentiator

Problem solved

Functional benefit

Products and services

• Lithium Hexafluorophosphate (LiPF6) Critical electrolyte salt for lithium-ion batteries, produced via FluoRok's proprietary HF-free fluorination process. Supplied to Li-ion battery manufacturers and electrolyte producers, including Green Energy Origin (GEO) under a Letter of Intent for kilotonnes-level supply to the European battery supply chain.
• Lithium bis(fluorosulfonyl)imide (LiFSI)

Quantifiable outcome

• Up to 43% reduction in CO2 emissions compared to conventional fluorochemical production
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• Green Energy Origin (GEO)coreStrategic or Co-development Partner · 3 December 2025Letter of Intent signed for large-scale kilotonnes-level supply of LiPF6. GEO is a leading European producer of battery-grade electrolytes with production in Czech Republic and offices in Germany. GEO aims to integrate FluoRok's materials into its electrolyte manufacturing operations for European battery producers.
• Coventry UniversitycoreStrategic or Co-development Partner · 4 August 2025Consortium partner for the £1.5M DRIVE35 Demonstrate grant to build EV Li-ion battery chemical demonstrator plant. Coventry University contributes battery cell prototyping and performance evaluation expertise.
• CPI (Centre for Process Innovation)coreTechnology or Integration · 8 January 2024Partnership for scaling up FluoRok's novel process for HF-free manufacture of electrolyte salts. CPI is a UK-based innovation catalyst and part of the High Value Manufacturing Catapult. Working on pilot plant scale-up and demonstrator facility development.
• WMG at University of WarwicksupportingTechnology or IntegrationPartnership for electrolyte testing in Li-Ion batteries to ensure quality standards for mass adoption. WMG is a world leading research and education group with expertise in applied science and engineering.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Do-Fluoride Chemicals: Major Chinese producer of LiPF6 and fluorinated fine chemicals. Direct competitor targeting the same battery electrolyte and fluorochemical customers, with significant cost and scale advantages in incumbent HF-based production.
• Stella Chemifa: Japanese fluorochemical manufacturer and major LiPF6 / battery electrolyte salt supplier. Direct competitor producing fluorochemicals via conventional HF-based routes, with overlapping end markets in Li-ion batteries and electronics chemicals.
• Guangzhou Tinci Materials (Tinci): China's largest LiPF6 and Li-ion electrolyte supplier with massive installed capacity and global customer base. Direct peer that FluoRok aims to displace in European supply chains via its HF-free process and reshoring positioning.
• Shenzhen Capchem Technology: Leading Chinese Li-ion electrolyte and LiPF6 producer serving global battery cell manufacturers. Direct peer competing on the same LiPF6 molecule, primarily via conventional HF routes and integrated fluorite sourcing.
• Kanto Denka Kogyo: One of the largest established LiPF6 producers globally and a direct competitor supplying Li-ion battery electrolyte salts. Highly comparable as both companies target the same LiPF6 market for Li-ion battery manufacturers, differing mainly in FluoRok's HF-free process architecture.
• Morita Chemical Industries: Long-standing Japanese producer of LiPF6 and other inorganic fluorine compounds for battery and industrial markets. Direct competitor with comparable product portfolio and Li-ion battery customer base.

Broad incumbents

• Honeywell International: Global fluorochemicals incumbent producing refrigerants, propellants, and specialty fluorinated products, with material exposure to battery chemicals via its performance materials segment. Comparable as a broad incumbent with overlapping fluorochemical chemistry and downstream Li-ion exposure.
• Arkema SA: French specialty chemicals major with a large fluorochemicals business serving batteries, electronics, and industrial customers. Comparable as a broad incumbent in fluorochemicals with adjacent battery materials exposure.
• Solvay SA: Major European fluorochemical and specialty chemicals producer historically active in LiPF6 (now spun as Syensqo). Comparable as a broad incumbent with overlapping fluorochemistry platform, deep battery materials customer relationships, and prior leadership on FluoRok's board (Steve Dobson).
• Daikin Industries: Japanese global leader in fluorochemicals including refrigerants and fluorinated specialty products, with growing exposure to Li-ion battery materials. Comparable as a broad incumbent in fluorinated chemistry with scale, IP, and downstream customer reach exceeding FluoRok's.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FluoRok