A new $3 million NIST award could offer a significant boost for Austin, Tex.-based ActaCell, whose backers include Google.org, DFJ Mercury and Applied Ventures. The startup aims to scale up production of its novel nanocomposite material for lithium battery anodes by a factor of 1,000. Read More »
Cleantech
Here’s the latest sign that the next-generation battery business is just really tough for startups: On Friday and over the weekend local Illinois media reported that Peoria, Illinois-based battery startup Firefly Energy has stopped operating. Specifically The Peoria Journal Star reported on Friday that… Read More »
Neil Maguire of battery developer Imara “is looking for a new career as Imara did not get the funding necessary to move forward.” That’s how the startup’s business development chief — known as @KoolJoules on Twitter — announced the venture’s shuttering to his connections on… Read More »
A123Systems’ Nasdaq debut Thursday thoroughly justified the company’s confidence in its initial public offering, with the stock leaping more than 50 percent to close at $20.29 per share after pricing at $13.50 per share Wednesday. That price represented a hike from the already… Read More »
Batteries for powertools and lawn equipment are increasingly looking like the gateway to electric vehicles for the energy-storage industry. Three-year-old battery startup Imara Corp. on Monday started selling its first product, battery cells for power tools and gardening equipment, about a year before it… Read More »
With billions of dollars in government funds coming down the pipeline for advanced batteries courtesy of the stimulus package, and the auto industry gearing up to make its first real go at marketing plug-in vehicles for the masses, the race to build lithium-ion batteries for… Read More »
When it comes to potential battery partners for plug-in vehicles, Volkswagen is now a triple-timer: The German automaker has a year-old partnership with Sanyo Electric to develop batteries for plug-in vehicles, and a three-month-old arrangement with Toshiba for an upcoming electric concept — and… Read More »
Lithium-ion batteries are everywhere — in your phone, laptop, and by this time next year, maybe your car. The technology is slated for GM’s Chevy Volt, Toyota’s plug-in Prius, and electric versions of the Daimler Smart and BMW Mini. Until recently, lithium went… Read More »
Lion Cells, a Menlo Park-based startup backed by Battery Ventures and Nth Power, joined the energy-storage fray yesterday, emerging from two years of stealth with a new name — Imara Corp. — and a plan to ship its lithium-ion batteries by the fourth… Read More »
