Li-S company OXIS and Hyperdrive Innovation partner on ultra-low temperature Li-S battery; -80 ˚C
ITM Power to deploy solar-powered hydrogen refueling station at CEME; wind-powered public H2 station opens in South Yorkshire

High-energy density Li-ion company Enevate raises $30M; novel silicon-dominant anode

Enevate Corporation, the developer of high energy density Li-ion batteries featuring a new Silicon-dominant composite anode material (earlier post), has secured $30 million in extended Series-B funding. The funding was led by Infinite Potential Technologies, Tsing Capital and Mission Ventures with participation by Presidio Ventures—a Sumitomo Corporation company.

Enevate has developed advanced Li-ion batteries based on its new materials and cell designs with significantly higher volumetric and gravimetric energy density in thinner and lighter form factors. Enevate’s novel HD-Energy Technology—silicon-dominant composite anodes for rechargeable Li-ion polymer batteries—increase energy density by 25-50% over conventional graphite anode cells.

The company says that its technology has sufficient headroom to create cells with a core volumetric energy density up to and exceeding 1000 Wh/L; these have already been demonstrated in the R&D lab. This technology also has exceptionally good gravimetric energy density of up to 300 Wh/kg, making it an excellent fit for mobile applications that require small size and light weight.

Enevate currently focuses on powering next generation mobile devices and drones; for the longer term, the company is certainly aware of the potential opportunity in the EV market.

This new funding allows Enevate to bring our technology and products developed for our first strategic investors and customers into high volume mass production. It also enables us to expand into new and exciting applications such as drones where high energy density is immensely valuable to extend flight times.

—Brian Wong, CEO of Enevate

Comments

HarveyD

Good news. More the better.

Chip

"Enevate is using a unique technical approach for silicon anodes that is truly different and innovative to deliver high energy density Li-ion batteries. I’m impressed that their technology and process is practical, highly manufacturable, and can be sufficiently inexpensive for high volume consumer electronics".
—Dr. John Goodenough, Professor of Material Science at University of Texas-Austin, Enevate Technical Advisory Board.

It is encouraging that Enevate has Dr. John Goodenough on its technical advisory board. He has been skeptical of other better battery claims.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)