Case Study > Venture Capital
Leading a red-flag assessment of a sodium-ion battery startup for a European early-stage investor
The client need
A leading European early-stage investor engaged us to conduct a red-flag technology review of a sodium-ion battery startup.
The investor was particularly interested in answers to open questions around the market outlook, technology differentiation, scale-up risks when moving to mass manufacturing, and business model considerations related to customer adoption and potential licensing models.
Choosing Deepsense
Via our global network, Deepsense collaborated with a renowned technical expert in advanced battery materials and systems, with a track record of working with large international corporations and top-tier startups.
After reviewing the investment memorandum, technology roadmap, and data room, the expert led a one-hour management call before compiling a final two-page report focused on the key questions provided by the investor.
Outcomes
Based on the report, as well as a dedicated debriefing session, the investor was able to make an informed IC decision regarding the opportunity. Following the process, an additional one-pager was also shared with the target company, outlining what the expert found encouraging, the gaps they identified, and advice for the company’s future development.