Alsym Energy

About Alsym Energy

Alsym Energy develops non-lithium, inherently non-flammable batteries that utilize a water-based electrolyte for stationary storage, maritime shipping, and electric vehicles. Their technology provides a low-cost, high-performance energy storage solution with flexible discharge durations, addressing safety concerns and inefficiencies associated with traditional lithium-ion batteries.

```xml <problem> Lithium-ion batteries, while widely used, pose safety risks due to their flammable electrolytes and susceptibility to thermal runaway, particularly in densely populated areas and hazardous environments. Existing non-lithium alternatives often suffer from lower energy densities, limiting their practicality for applications requiring high performance and long discharge durations. </problem> <solution> Alsym Energy has developed a non-flammable, non-toxic, non-lithium battery technology utilizing a water-based electrolyte, offering a safer alternative to lithium-ion. Alsym Green batteries deliver system-level energy densities approaching lithium-ion while eliminating the risk of thermal runaway. The batteries are designed for flexible wide-duration energy storage (WDES) and can be software-configured to discharge over durations ranging from 2 to 110 hours, with recharge times under 4 hours. This technology is suitable for grid and microgrid applications, data centers, and heavy industries, providing a high-performance, low-cost energy storage solution. </solution> <features> - Inherently non-flammable and non-toxic chemistry using a water-based electrolyte - High system-level energy density, approaching lithium-ion performance - Flexible discharge durations, configurable from 2 to 110 hours - Rapid recharge capability, reaching full capacity in under 4 hours - High round-trip efficiency (RTE) and low self-discharge rate - Designed for easy manufacturing in existing lithium-ion battery factories, reducing capital expenditures - Suitable for both AC grid-tied and DC applications </features> <target_audience> The primary target audience includes grid operators, microgrid developers, data centers, and industries such as oil and gas, mining, and manufacturing seeking safer, high-performance energy storage solutions. </target_audience> ```

What does Alsym Energy do?

Alsym Energy develops non-lithium, inherently non-flammable batteries that utilize a water-based electrolyte for stationary storage, maritime shipping, and electric vehicles. Their technology provides a low-cost, high-performance energy storage solution with flexible discharge durations, addressing safety concerns and inefficiencies associated with traditional lithium-ion batteries.

Where is Alsym Energy located?

Alsym Energy is based in Malden, United States.

When was Alsym Energy founded?

Alsym Energy was founded in 2015.

How much funding has Alsym Energy raised?

Alsym Energy has raised $111.3M.

Who founded Alsym Energy?

Alsym Energy was founded by Mukesh Chatter.

  • Mukesh Chatter - CEO
Location
Malden, United States
Founded
2015
Funding
$111.3M
Employees
68 employees
Investors
General CatalystHelioscv

Alsym Energy

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Alsym Energy develops non-lithium, inherently non-flammable batteries that utilize a water-based electrolyte for stationary storage, maritime shipping, and electric vehicles. Their technology provides a low-cost, high-performance energy storage solution with flexible discharge durations, addressing safety concerns and inefficiencies associated with traditional lithium-ion batteries.

alsym.com7K+
Founded 2015 – Malden, United States

Funding

No specific funding rounds found.

Total Funding

$111.3M

Backed by

General CatalystHelioscvTata Limited

Team (50+)

Mukesh Chatter

CEO

Company Description

Problem

Lithium-ion batteries, while widely used, pose safety risks due to their flammable electrolytes and susceptibility to thermal runaway, particularly in densely populated areas and hazardous environments. Existing non-lithium alternatives often suffer from lower energy densities, limiting their practicality for applications requiring high performance and long discharge durations.

Solution

Alsym Energy has developed a non-flammable, non-toxic, non-lithium battery technology utilizing a water-based electrolyte, offering a safer alternative to lithium-ion. Alsym Green batteries deliver system-level energy densities approaching lithium-ion while eliminating the risk of thermal runaway. The batteries are designed for flexible wide-duration energy storage (WDES) and can be software-configured to discharge over durations ranging from 2 to 110 hours, with recharge times under 4 hours. This technology is suitable for grid and microgrid applications, data centers, and heavy industries, providing a high-performance, low-cost energy storage solution.

Features

Inherently non-flammable and non-toxic chemistry using a water-based electrolyte

High system-level energy density, approaching lithium-ion performance

Flexible discharge durations, configurable from 2 to 110 hours

Rapid recharge capability, reaching full capacity in under 4 hours

High round-trip efficiency (RTE) and low self-discharge rate

Designed for easy manufacturing in existing lithium-ion battery factories, reducing capital expenditures

Suitable for both AC grid-tied and DC applications

Target Audience

The primary target audience includes grid operators, microgrid developers, data centers, and industries such as oil and gas, mining, and manufacturing seeking safer, high-performance energy storage solutions.

Sources:

1
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