Group1

About Group1

This company develops and manufactures potassium-ion batteries as a safe and sustainable alternative to lithium-ion. Their engineered materials and battery technology aim to provide high performance and long lifecycles for various applications.

<problem> Lithium-ion batteries rely on critical minerals with geographically concentrated supply chains, creating potential vulnerabilities in cost, availability, and national security. Existing battery technologies may also pose safety risks due to flammability. </problem> <solution> Group1 develops and commercializes potassium-ion (K-ion) batteries as a safer and more sustainable alternative to lithium-ion. Their K-ion technology utilizes abundant, domestically sourced materials, reducing reliance on constrained global supply chains. The batteries are designed to be non-flammable, enhancing safety for energy storage applications. Group1's K-ion batteries are engineered for seamless integration into existing lithium-ion manufacturing infrastructure, facilitating easier adoption and scalability. </solution> <features> - Non-flammable electrolyte for enhanced safety - Critical-mineral-free composition utilizing potassium-ion chemistry - Compatibility with commercially available graphite anodes - Drop-in replacement design for existing lithium-ion battery manufacturing processes - High-power and long-cycling capabilities - 3.7V KIB cell voltage </features> <target_audience> The primary target audience includes energy storage providers for grid applications and manufacturers of mobility solutions seeking safer, more sustainable battery technology. </target_audience>

What does Group1 do?

This company develops and manufactures potassium-ion batteries as a safe and sustainable alternative to lithium-ion. Their engineered materials and battery technology aim to provide high performance and long lifecycles for various applications.

When was Group1 founded?

Group1 was founded in 2021.

How much funding has Group1 raised?

Group1 has raised 275000.

Founded
2021
Funding
275000
Employees
35 employees
Major Investors
NSF Small Business Innovation Research / Small Business Technology Transfer (SBIR/STTR)

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Group1

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Executive Summary

This company develops and manufactures potassium-ion batteries as a safe and sustainable alternative to lithium-ion. Their engineered materials and battery technology aim to provide high performance and long lifecycles for various applications.

Funding

$

Estimated Funding

$100K+

Major Investors

NSF Small Business Innovation Research / Small Business Technology Transfer (SBIR/STTR)

Team (30+)

No team information available.

Company Description

Problem

Lithium-ion batteries rely on critical minerals with geographically concentrated supply chains, creating potential vulnerabilities in cost, availability, and national security. Existing battery technologies may also pose safety risks due to flammability.

Solution

Group1 develops and commercializes potassium-ion (K-ion) batteries as a safer and more sustainable alternative to lithium-ion. Their K-ion technology utilizes abundant, domestically sourced materials, reducing reliance on constrained global supply chains. The batteries are designed to be non-flammable, enhancing safety for energy storage applications. Group1's K-ion batteries are engineered for seamless integration into existing lithium-ion manufacturing infrastructure, facilitating easier adoption and scalability.

Features

Non-flammable electrolyte for enhanced safety

Critical-mineral-free composition utilizing potassium-ion chemistry

Compatibility with commercially available graphite anodes

Drop-in replacement design for existing lithium-ion battery manufacturing processes

High-power and long-cycling capabilities

3.7V KIB cell voltage

Target Audience

The primary target audience includes energy storage providers for grid applications and manufacturers of mobility solutions seeking safer, more sustainable battery technology.

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