Batteries
Artyc has raised $14 million to date and has a product on the market, Medstow Micro, that helps ship temperature-sensitive specimens.
Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz…
Sodium-ion isn’t quite ready for widespread use, but one startup thinks it has surmounted the battery chemistry’s key hurdles.
Novel battery manufacturer EnerVenue is raising $515M, per filing
The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries.
Redwood Materials is partnering with Ultium Cells to recycle GM’s EV battery scrap
Redwood Materials, the battery recycling startup founded by former Tesla co-founder JB Straubel, will be recycling production scrap for batteries going into General Motors electric vehicles. The company announced Thursday…
Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours
Ore Energy emerged from stealth today with €10 million in seed funding. The company hopes to make grid-scale batteries that are cheaper and longer lasting.
Alsym wants to ‘light up homes for a billion people’ with its new battery
The battery startup has raised $78 million to bring its alternative to lithium-ion cells to everything from scooters to steel mills.
Alphabet spin-off SIP launches Verrus, a data center concept built around battery ‘microgrids’
Sidewalk Infrastructure Partners (SIP) — the Alphabet spinout that focuses on building and backing new approaches to complicated infrastructure problems in areas like power, broadband and waste management — has…
Haven Energy lands $7M Series A 9 months after its seed round
The startup’s platform helps speed the installation of batteries to back up home and small commercial solar installations.
Three breakthroughs that earned Fourth Power its $19M Series A
A new type of thermal battery could store intermittent wind and solar energy. It forms the basis of a new company, Fourth Power.
Kinterra Capital’s debut $565M fund to support mining for battery metals
Kinterra Capital, a Canadian private equity firm, has closed its $565 million debut fund dedicated to securing critical mineral assets for battery development. The influx of private capital comes amid…
Exxon wants to drill enough lithium out of Arkansas to power 1M EVs per year
Fossil fuel giant Exxon is betting its U.S. lithium operation will power a new generation of electric vehicles. The U.S. has hundreds of thousands of tons of “recoverable” lithium, which…
Inlyte Energy reels in $8M seed round to revive a 50-year-old battery technology
With some tweaks, the company believes it can make cells while still maintaining the chemistry’s longevity and energy density.
French battery maker Verkor scores $2.1B to build gigafactory
Another day, another monster raise for an EV battery company. This time it’s Verkor, the Renault-backed French battery builder, which said on Thursday that it secured “more than €2 billion”…
Lyten is the latest EV battery startup to score hundreds of millions
Lyten, a startup that aims to crank out lightweight, lithium-sulfur batteries for EVs, announced a $200 million round on Tuesday.
Will batteries usher in a new era of global energy sovereignty?
Will stored energy in batteries be subject to the same global economic and geopolitical forces that shaped fossil fuels?
Biden offers $15.5B to boost battery and EV manufacturing
The United States Department of Energy is dedicating $15.5 billion to support the transition to electric vehicles. As part of President Joe Biden’s Investing in America agenda, most of the…
Swedish EV battery maker raises $1.2B to expand to North America
Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to…
Ford aims to secure battery material supply with new Canada facility
Ford is partnering with South Korean battery manufacturers SK On and EcoPro BM to build a cathode manufacturing facility in Quebec, Canada. The CAD $1.2 billion (USD $890 million) joint…
Congress probes Ford’s big battery deal with China’s CATL
In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing deal with Chinese…
AltC’s merger with Oklo and ACG Acquisition’s purchase of two critical minerals are both SPACs, but they couldn’t be more different.
Batteries beat oil and gas as AI startup pivots to critical minerals exploration
Between the robots and an AI-powered workflow, GeologicAI’s new business model is looking far more scalable than its old approach.
The battery industry is on the cusp of a radical change, and a $10M seed round raised by Chemix shows why.
Hyundai, GM partner with Korean battery makers to build US plants
Hyundai Motor Group and General Motors announced separately Tuesday plans to build electric vehicle battery plants in the U.S. in partnership with South Korean battery manufacturing firms. Hyundai will set…
Featured Article
What the new EPA tailpipe regulations mean for investors
By 2032, two-thirds of car and light truck sales will have to be zero emitting. That means myriad opportunities for investors.
There’s a long list of things corporations can do to lessen consumer electronics’ environmental impact. Making systems easier to repair is up there, along with encouraging device recycling and updating…
Casper co-founders want to sell you another box. This time, it’s a battery
Haven Energy seeks to make installing and using home batteries easy so owners can put an end to power outages.
VW and Redwood want to turn your old laptops into EV batteries
Battery materials and recycling startup Redwood Materials is expanding a partnership with Volkswagen of America in its bid to collect more end-of-life batteries from consumer electronics and strip out the…
Battery materials and recycling startup Redwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy as part of the Biden administration’s bid to…
Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever
The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during its fiscal 2022, calling…
