Sparkz manufactures Cathode Active Material (CAM) for nickel-free and cobalt-free lithium iron phosphate (LFP) batteries in the United States, addressing the domestic shortage of affordable lithium-ion battery components. By establishing a vertically integrated supply chain, Sparkz aims to enhance U.S. leadership in battery production while ensuring high-quality, competitively priced solutions.
Funding
$9.8M 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.
UDFounders
Product
Problem
The U.S. battery industry faces a shortage of domestically produced, affordable lithium-ion battery components, leading to reliance on foreign suppliers and potential supply chain vulnerabilities. This scarcity hinders the growth of electrification across various sectors, including automotive, commercial, and energy storage.
Solution
Sparkz manufactures cathode active material (CAM) for nickel-free and cobalt-free lithium iron phosphate (LFP) batteries, addressing the need for domestically sourced battery components. By establishing a vertically integrated supply chain, Sparkz aims to enhance U.S. leadership in battery production and ensure a reliable supply of high-quality, competitively priced LFP battery materials. Their FeCAM™ product advances established LFP technology through improvements in material science and manufacturing process innovations. Sparkz's approach reduces dependence on imported CAM, contributing to a more secure and sustainable U.S. battery industry. The company operates multiple facilities focused on research, engineering, and manufacturing.
Target Audience
Sparkz primarily targets automotive manufacturers, commercial equipment producers, and energy storage solution providers seeking a reliable domestic source of LFP battery cathode active material.
Features
- Production of FeCAM™, a nickel-free and cobalt-free lithium iron phosphate (LFP) cathode active material.
- Vertically integrated supply chain utilizing U.S. resources.
- Manufacturing processes designed for cost-effectiveness and high-quality output.
- LFP cathodes designed for automotive, commercial, and energy storage applications.
- Multiple facilities dedicated to research, engineering, and manufacturing.
- Capacity to produce 75,000 tons of battery material by 2030.