This startup manufactures lithium-ion batteries using solvent-free electrode technology, which eliminates the need for solvent recovery and drying processes. By producing dry electrodes, the company reduces energy consumption in battery manufacturing while enabling faster charging and lower-cost batteries.
Funding
$73.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MMFounders
Product
Problem
Traditional lithium-ion battery manufacturing relies on wet-coating processes that require energy-intensive drying and solvent recovery steps, leading to high operational costs and significant CO2 emissions. The conventional slurry-casting approach also involves multiple steps, increasing complexity and capital expenditure for battery manufacturers.
Solution
AM Batteries provides a dry-electrode manufacturing technology that eliminates the need for solvents and drying in lithium-ion battery production, significantly reducing energy consumption and CO2 emissions. Their Powder to Electrode™ process reduces the number of steps required to manufacture a battery electrode, streamlining the production process and lowering both capital and operational expenses. By offering a turnkey equipment solution and process know-how, AM Batteries enables battery manufacturers to produce cleaner, more cost-effective, and high-performance batteries. The dry coating method facilitates the creation of electrodes with higher energy density and faster charging capabilities.
Target Audience
The primary target audience includes battery manufacturers, EV OEMs, and energy storage companies seeking to reduce manufacturing costs, improve battery performance, and minimize their environmental impact.
Features
- Powder to Electrode™ dry coating method that eliminates solvent recovery and electrode drying.
- Reduces energy consumption in battery manufacturing by up to 40%.
- Lowers capital expenditure for electrode manufacturing by up to 40%.
- Reduces the carbon footprint of battery plants by nearly 40%.
- Enables higher energy density and faster charging capabilities in lithium-ion batteries.
- Turnkey equipment supplier, providing both equipment and process expertise.
- Compatible with multiple types of battery-electrode fabrication.
- Roll-to-roll process for scalable electrode production.