This startup manufactures lithium batteries using domestically sourced components and a patent-pending recycling process that revitalizes old batteries. Their technology reduces environmental impact by providing sustainable battery solutions that minimize waste and reliance on imported materials.
Funding
$270K 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.
Founders
Product
Problem
The lithium-ion battery supply chain faces challenges related to environmental impact, reliance on imported materials, and the cost of end-of-life battery management. Traditional recycling methods can be energy-intensive and generate chemical waste, while disposal in landfills leads to resource depletion and potential environmental contamination.
Solution
Higher Wire provides sustainable energy storage solutions by manufacturing and renewing lithium-ion batteries using domestically sourced components and a proprietary retesting process. The company sources batteries from various first-life applications, grades individual cells, and repurposes them into energy storage systems. This approach reduces carbon emissions, minimizes waste, and lowers the overall cost compared to new lithium-ion or lead-acid batteries. Higher Wire also offers a Renewed Collective program, enabling companies to profit from their end-of-life Lithium Iron Phosphate (LFP) batteries by sending them to Higher Wire for testing, storage, and resale.
Target Audience
Higher Wire serves utilities, businesses, communities, e-waste processors, solar integrators, and mobility companies seeking affordable, sustainable, and reliable energy storage solutions.
Features
- Proprietary grading process for evaluating and repurposing lithium-ion cells
- Manufacturing of renewed lithium-ion batteries in various capacities and voltages
- Battery energy storage systems (BESS) for renewable energy, emergency backup, and lighting applications
- ReNew Collective program for monetizing end-of-life LFP batteries
- Testing of CAN communications to ensure compatibility with major inverter brands
- DC Solar Trailers with lithium iron phosphate batteries
- EH&S standards development and implementation for safe lithium battery handling
- Renewable energy system design and installation services