Top Lithium Ion Batteries Startups

 Top Lithium Ion Batteries Startups

Top Lithium Ion Batteries Startups


Business models evolve with time, sometimes due to changes in the market and sometimes due to advent of technology, resulting in emergence of new exciting trends. We at Tracxn closely track the startup ecosystem from across the world and we have come across a whole lot of interesting new themes which are gaining popularity, one of them being Lithium Ion Batteries.


Globally there are 695 Lithium Ion Batteries companies, and here is the list of the 10 most interesting ones:



QuantumScape   |

Developer of solid state lithium-metal batteries

Developer of solid state lithium-metal batteries. The battery has a cathode and solid-state ceramic separator that connected to an anode electric contact. When the battery gets charged the lithium in the cathode gets separated and passes through the ceramic separator that produces lithium metal anode that generates high energy density charging for electric vehicles. It offers features like optimum charging time, solid-state separators are non-flammable, reduces manufacturing cost, etc.


Company Overview

Founded Year

2010

Location

San Jose (United States)

Funding

USD 1.00B [Funding Details]

Investors

Fidelity Investments, Prelude Ventures, Lightspeed Venture Partners and 17 Other Investors [Investor Details]



A123 Systems   |

Manufacturer of automotive lithium-ion batteries

A123 Systems is a manufacturer of automotive lithium-ion batteries. Its products include lithium-ion batteries for motorsports & commercial vehicles. It also provides services to industrial sectors. Its major markets are the US, China, Czech Republic & Germany.

Company Overview

Founded Year

2001

Location

Hangzhou (China), Novi (United States)

Funding

USD 201M [Funding Details]

Investors

DOE, General Electric, Armilar Venture Partners and 16 Other Investors [Investor Details]



StoreDot   |

Developer of nano and organic compound-based batteries for e-vehicles

Developer of nano and organic compound-based batteries for e-vehicles. The company has developed Li-ion batteries by combining nanostructural material with organic binders and electrolytes to offer optimized batteries for multiple sectors. Also, it uses artificial intelligence and machine learning techniques to combine organic compounds with nanomaterials. Its features include the synthesis of organic and inorganic compounds, high voltage capability, enhanced safety with dendrite prevention, and real-time thermal and voltage management.

Company Overview

Founded Year

2012

Location

Herzliya (Israel)

Funding

USD 226M [Funding Details]

Investors

Ola Electric, VinFast, Bp ventures and 21 Other Investors [Investor Details]



Northvolt   |

Manufacturer of lithium-ion batteries for electric vehicles

Manufacturer of lithium-ion batteries for electric vehicles. The platform is currently focusing on researching new production technologies to deliver low-cost lithium-ion batteries to be used in electric and off-highway vehicles. It provides custom cells optimized for a particular application, battery system, and more.

Company Overview

Founded Year

2015

Location

Stockholm (Sweden)

Funding

USD 4.39B [Funding Details]

Investors

OMERS Capital Markets, Goldman Sachs, Volkswagen Group and 24 Other Investors [Investor Details]



Log9materials   |

Manufacturer of nanotech-based batteries for e-vehicles

Manufacturer of nanotech-based batteries for e-vehicles. It has developed graphene derivatives to enable advanced energy storage technologies from electrode materials. It also offers graphene quantum dot-based LEDs and foldable displays and water purification systems. in addition, it has developed a graphene-based cigarette filter that reduces the risk of getting cancer.

Company Overview

Founded Year

2014

Location

Bangalore (India)

Funding

USD 19M [Funding Details]

Investors

Innoven Capital, PETRONAS, Exfinity Venture Partners and 28 Other Investors [Investor Details]



Britishvolt   |

Manufacture of lithium-ion batteries for electric vehicles

Manufacture of lithium-ion batteries for electric vehicles. It also manufactures energy storage systems.

Company Overview

Founded Year

2019

Location

Blyth (United Kingdom)

Funding

USD 143M [Funding Details]

Investors

Glencore, Bank of America, Citi and 3 Other Investors [Investor Details]



Cygni Energy   |

App-based platform offering smart solar generators and EV batteries

App-based platform offering smart solar generators and EV batteries. The company offers solar DC appliances, solar DC street lights, solar products for commercial and residential places, solar kits for rural power backup, mobile chargers, and more. The company also develops EV-2 Wheeler batteries and three-wheeler batteries. Additionally, it provides solar plant installation services. Its app is available for Android devices.

Company Overview

Founded Year

2014

Location

Hyderabad (India)

Funding

USD 12M [Funding Details]

Investors

Vks Family Trust, Pks Family Trust, IndusInd Bank and 23 Other Investors [Investor Details]



Factorial Energy   |

Provider of lithium-ion solid-state batteries

Provider of lithium-ion solid-state batteries. The company uses a factorial electrolyte system technology and high-voltage and high-energy-density electrodes for its batteries. It provides solutions for electric vehicles, homes, and critical applications.

Company Overview

Founded Year

2021

Location

Woburn (United States)

Funding

USD 244M [Funding Details]

Investors

Mercedes-Benz, Stellantis, Hyundai Motor Company and 11 Other Investors [Investor Details]




Romeo Power   |

Developer of lithium-ion batteries for multi-category electric vehicles

Developer of lithium-ion batteries for multi-category electric vehicles. The company develops batteries for buses, trucks, tractors, etc. It offers Hermes for trucks and buses with features like 208 Wh-kg energy density, optimized charging time, modular design, proprietary BMS control, etc. Brown recluse offers a cooling system for multi-category electric vehicles with features like optimum performance management, flexible module sizing, etc.

Company Overview

Founded Year

2015

Location

Los Angeles (United States)

Funding

USD 123M [Funding Details]

Investors

HG Ventures, Wavemaker Partners, TAG Holdings and 1 Other Investors [Investor Details]



24m Technologies   |

Low cost semi-solid lithium-ion battery developers

Low-cost semi-solid Lithium-Ion battery developers. The platform has developed a new form of lithium-ion battery which they claim to be almost 50 per cent cheaper than conventional lithium-ion batteries. The company refers to the battery as a semi-solid lithium-ion battery, which is of a completely different design and takes just 15 minutes to be produced end-to-end cell production as against 24 hours in the case of conventional battery systems.

Company Overview

Founded Year

2010

Location

Cambridge (United States)

Funding

USD 135M [Funding Details]

Investors

Volkswagen Group, DOE, ITOCHU and 9 Other Investors [Investor Details]



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