What Cenate does

Cenate AS is a Norwegian materials company, founded in 2017 as a spin-off from Dynatec Group, that develops and produces proprietary silicon-based nano-composite anode materials for use directly in lithium-ion batteries. The company traces its technology to silicon anode research at the Norwegian Institute for Energy Technology (IFE) beginning in 2010 and exploits a patent-pending, monosilane-based production process that the company claims yields record-high first cycle lithium efficiency and capacities up to 2,500 mAh/g in premium grades, with a 1:5-7 substitution ratio against graphite and a >93% reduction in direct CO2 emissions versus conventional anode production.

The company operates a pilot plant at Holtskogen, Norway (Tomter municipality) with annual capacity of approximately 100 metric tons (≈1,000 MWh/year), plus an R&D and sales office in Oslo. Mass production reactor shipments to both world-leading and leading European battery cell producers began in November 2024, and the company filed its first industrial-scale plant permit application at Holtskogen (up to 400 metric tons/year, ≈3 GWh) in November 2025. A separate US manufacturing footprint has been initiated through a secured site in Butte, Montana — designed for approximately 20 GWh/year initial output, scalable to 100 GWh/year — with additional interest from Washington State authorities.

Cenate's commercial model is direct enterprise B2B sales of anode material to battery cell manufacturers serving electric vehicles (primary target), drones and aviation electronics, consumer electronics, and energy storage systems. The company reports it is "currently seeking one or two more partnerships" with cell makers in portable and aviation electronics markets. Revenue is generated from hardware sales of proprietary materials, with potential future licensing royalties, but pricing is not publicly disclosed and revenue figures are not reported. The ownership and capital base includes Dynatec Group AS, Fred Olsen & Co, Must Invest AS, Bonheur ASA, Nysnø Climate Investments, and Vianode (Elkem, Hydro, Altor), alongside substantial non-dilutive capital from the Norwegian Research Council, Innovation Norway, and the European IPCEI program.

Name

Cenate

Legal name

Cenate AS

Website

https://cenate.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Cenate is a Norwegian materials company developing proprietary silicon-based nano-composite anode materials for lithium-ion batteries, serving EV, drone/UAV, consumer electronics, and energy storage battery manufacturers via direct B2B sales from its Norway pilot plant and planned US manufacturing.

Ownership category

akta.pro rank

Product category

Battery Anode Materials

NAICS

Battery Manufacturing (33591), Battery Manufacturing (335910)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Anode Materials Manufacturing (Graphite, Silicon, LTO) (EUAFABAC)

Keywords

• Silicon anode materials
• Lithium-ion batteries
• Battery materials manufacturing
• Silicon nano composites
• Low carbon battery anodes

Headquarters

HQ city

Askim

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Silicon Anode Material Sales: Cenate develops and produces silicon-containing anode materials to be directly used in lithium-ion batteries. Revenue is generated from selling proprietary nano-composite silicon anode materials to battery cell manufacturers for use in EVs, consumer electronics, drones, and energy storage systems.
2. Licensing Royalties (Potential): The company holds patent-pending technology and may generate licensing revenue from their proprietary production processes and materials. Mention of recycling potential where material can be used after refurbishment at Cenate suggests future service opportunities.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Cenate develops and produces proprietary silicon-based nano-composite anode materials designed as drop-in replacements for graphite in lithium-ion battery anodes. Its materials enable up to 30% higher battery energy density, replace 5-7 kg of graphite per 1 kg used, and are produced via a proprietary monosilane-based process that reduces direct CO2 emissions by more than 93% versus conventional anode materials. Products are sold to battery cell manufacturers serving EVs, consumer electronics, drones/UAVs, and stationary energy storage.

Product overview

Cenate develops and produces proprietary silicon-based nano-composite anode materials for lithium-ion batteries. The core product is the Cenate Silicon Nano Composite Anode Material family, which includes the patent-pending Silicon Nano Robust Material variant. These materials replace conventional graphite in battery anodes, enabling significantly higher energy density (up to 30% increase), dramatically lower carbon footprint (>93% reduction in CO2 emissions), and reduced production costs. The product portfolio includes high-capacity variants (up to 2,500 mAh/g) optimized for premium applications like drones and defense, as well as standard variants (1,700+ mAh/g) designed for electric vehicles and consumer electronics. All materials are produced using a proprietary process based on monosilane and are suitable for both graphite-based and non-graphite anodes.

Differentiator

Problem solved

Functional benefit

Products and services

• Cenate Silicon Nano Composite Anode Materials Proprietary nano-fenced silicon composite materials designed to replace graphite in lithium-ion battery anodes, enabling up to 30% higher energy density and over 93% lower direct CO2 emissions versus conventional anode materials, with 1 kg replacing 5-7 kg of graphite. Sold to battery cell manufacturers for EVs, consumer electronics, drones, and energy storage systems.
• Cenate Silicon Nano Robust Material Patent-pending silicon nano robust material variant specifically developed for EV battery applications, enabling lower cost and increased energy storage density through intensive R&D with leading battery producers.
• High-Capacity Silicon Anode Materials (up to 2,500 mAh/g) Premium silicon anode materials delivering capacities up to 2,500 mAh/g for maximum energy density applications such as drones, robotics, and defense, with complementary offerings from 1,700 mAh/g upwards for longer cycle life applications including EVs.

Quantifiable outcome

• Up to 30% increase in battery energy density
• +6 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and strategic.

• Dynatec Group AScoreStrategic or Co-development PartnerDynatec is the parent company/spin-off origin of Cenate, providing equipment development expertise and engineering collaboration. Dynatec's main production facility is next door to Cenate's pilot factory. CEO Werner Filtvedt also serves as CEO of Dynatec Group AS. Cenate emerged from Dynatec's silicon expertise and IFE battery research.
• World Leading Battery ProducerscoreStrategic or Co-development PartnerCenate collaborates closely with some of the world's best cell manufacturers for EV battery applications. Multiple customers are well into testing and qualification of Cenate's products. Products being shipped to world leading and leading European battery producers.
• Portable and Aviation Electronics Battery ManufacturersstrategicStrategic or Co-development PartnerStrong cell makers focusing on portable or aviation electronics market including drone and humanoid applications. Cenate is currently seeking one or two more partnerships in this segment due to long EV qualification times.
• Leading Drone Battery ManufacturersstrategicStrategic or Co-development PartnerCenate announced collaboration with several leading drone battery manufacturers in June 2026 to develop high-energy battery cells for unmanned aerial vehicles. Initial commercial volumes can be delivered from existing pilot plant.
• US Site Partners (Montana and Washington State)strategicStrategic or Co-development PartnerEnthusiastic support from public authorities in Montana and Washington State for Cenate's planned US production expansion. Company has secured access to industrial site in Butte, Montana with substantial tax abatements.

Scale indicators14 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sila Nanotechnologies: US-based developer of silicon-based anode materials (Moses Lake plant) for automotive lithium-ion batteries; competes head-to-head with Cenate for tier-1 cell-maker design wins, particularly with Mercedes-Benz and others.
• Group14 Technologies: Commercial-stage manufacturer of silicon anode active material (SCC55™) for Li-ion batteries with factories in the US and South Korea; directly comparable in target customers (EV cell makers) and value proposition (drop-in silicon drop-in replacement for graphite).
• Amprius Technologies: Developer of silicon-anode lithium-ion battery cells delivering high energy density for aviation, defense, and EV; comparable as a silicon-anode specialist serving similar end markets including drones and aviation electronics.
• Nexeon: UK-based manufacturer of silicon anode materials (NSP-2) for Li-ion batteries, scaling production with partners including SK On; comparable materials technology positioning targeting EV cell manufacturers globally.

Broad incumbents

• Vianode: Norwegian synthetic graphite anode materials producer backed by Elkem, Hydro, and Altor; a Cenate investor via Vianode/Elkem and a direct competitor/alternative-supplier position to Cenate in the silicon-vs-graphite anode materials market.
• Elkem ASA: Norwegian silicon and battery materials group planning the Northern Recharge battery materials plant; a Cenate shareholder (via Vianode) and a closely linked incumbent in silicon materials for batteries, relevant for both partnership and competitive dynamics.
• POSCO Future M: Korean anode materials and battery materials supplier producing synthetic graphite and silicon anode materials at scale; benchmark for what scaled Asian incumbents in the same space look like and a potential competitor for global cell-maker accounts.

Emerging players

• Enevate Corporation: US-based silicon-dominant Li-ion battery technology company (HD-Energy silicon anode technology) acquired by Funded Seeking Alpha; addresses similar EV and aviation use cases with silicon-anode positioning.
• Enovix Corporation: US-listed battery maker with 100% active silicon anode architecture and 3D cell packaging; comparable as a silicon-anode-focused battery technology company targeting consumer electronics and EV.

Others

• Targray: Global distributor and supplier of battery materials including silicon-based anode active materials; relevant as a channel/ecosystem participant serving the same battery cell customer base as Cenate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cenate-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 Cenate