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South 8 Technologies Raises $12M To Commercialize Next Generation Electrolytes For High Performance Lithium-Ion Batteries

Apr 26, 2022•over 3 years ago

Amount Raised

$12 Million

San Diego

Description

South 8 Technologies, a pioneer in electrolyte formulations for next-generation lithium batteries, today announced it has raised $12M in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). South 8 will leverage the funding to accelerate the commercialization of its patented Liquefied Gas Electrolyte (LiGas®) technology for high-performance batteries for electric vehicle, grid storage, aerospace, and defense applications.

Company Information

Company

South 8 Technologies

Location

San Diego, California, United States

About

South 8 Technologies began operations in 2016 as a spin out of UC San Diego where the founding team developed its breakthrough new Liquefied Gas Electrolyte (LiGas®) chemistry for next-generation lithium batteries. Its patented technology enables a substantial increase in energy, improved safety, and an exceptionally wide operating temperature. Leveraging conventional materials and manufacturing, South 8 Technologies offers a unique solution for a variety of e-mobility, energy storage, and industrial applications.

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