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Ateios Raises $1.25 Million in Seed Funding To Reshape Battery Manufacturing

Oct 15, 2020•over 4 years ago

Amount Raised

$1 Million

Round Type

seed

Newberry

Description

"The same way Moore's Law for microchips has changed the world, the next generation of computing will be enabled by an acceleration in energy storage," said Rajan Kumar, PhD, founder and CEO of the battery startup Ateios. "Technology keeps moving towards smaller and thinner devices for everyday use. The only thing stopping it is the battery."

Company Information

Company

Ateios

Location

Newberry, Florida, United States

About

Ateios is developing a new process to reshape batteries through rapid, custom manufacturing. The battery industry's manufacturing process has remained relatively unchanged over the past 40 years, impacting applications such as Digital Health and the Internet of Things (IoT). This project will develop a novel platform for battery manufacturing using a cure-on-command technology, which will expedite the components curing process from hours to seconds. The cure-on-command technology will provide multiple benefits to battery manufacturing by eliminating unnecessary processing steps, such as cost savings, capital equipment savings of 3x, and environmental friendliness. For more information, please visit ateios.com

FundzWatch™ Score

61
Medium Activity

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