NEO Battery Materials develops silicon-based hybrid anode materials for lithium-ion batteries, utilizing a patent-protected, low-cost manufacturing process that addresses the volume expansion issue of silicon. This technology enables longer-lasting, rapid-charging batteries, significantly increasing the driving range of electric vehicles while reducing production costs.
Funding
$576K 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
Lithium-ion batteries face limitations in energy density and charging speed due to the properties of traditional anode materials. Silicon anodes offer higher capacity, but their volume expansion during charging and discharging leads to rapid degradation and short battery lifecycles. The high cost of manufacturing silicon anode materials also presents a barrier to widespread adoption.
Solution
NEO Battery Materials develops silicon-based hybrid anode materials (NBMSiDE®) for lithium-ion batteries that significantly enhance battery performance. Their patented, low-cost, one-step manufacturing process nanocoats silicon particles with robust nanomaterials, effectively managing the volume expansion issue. This technology enables longer-lasting batteries with increased energy density and ultra-fast charging capabilities compared to existing graphite-based anodes. The NBMSiDE® materials exhibit high specific capacities and initial Coulombic efficiencies while reducing manufacturing costs by utilizing metal silicon (MG-Si) as a low-cost precursor.
Target Audience
The primary target audience includes electric vehicle manufacturers, battery cell manufacturers, and energy storage system providers seeking to improve the performance and reduce the cost of lithium-ion batteries.
Features
- Patent-protected, one-step manufacturing process for cost-effective production
- Nanocoating technology to control silicon volume expansion during battery cycling
- NBMSiDE® product line (P100, P200, P300, P300N) tailored for various performance requirements
- Compatibility with metal silicon (MG-Si) as a low-cost input precursor
- Increased anode specific capacity (40% to >70%) compared to conventional anodes
- High Specific Capacities of >2,000 mAh/g
- Initial Coulombic Efficiencies (ICE) of >88%
- Enhanced cycle life stability for metal silicon-based anodes