Amionx
A leader in safe battery technology with patented and proprietary Safe Core technology that prevents batteries from being the source of explosion or fire without sacrificing the performance of the battery.
| Date | Investors | Amount | Round |
|---|---|---|---|
$6.0m | Series B | ||
| Total Funding | 000k | ||
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Amionx SafeCore is a startup that is revolutionizing the lithium-ion battery industry by making batteries safer and enabling the next wave of innovation. The company operates in the energy sector, specifically focusing on battery technology. Their primary clients are manufacturers of electric vehicles and military applications, but their technology has the potential to be used in any device that uses lithium-ion batteries.
Their business model revolves around their proprietary SafeCore technology, which makes current battery designs safer and enables breakthroughs in new design and battery chemistries. This technology can reduce the weight of a battery pack in an electric vehicle by up to 70%, leading to a longer range. The technology works by creating a physical gap between two key components of the battery when it heats up, acting like an electrical fuse and preventing potential fires.
Amionx SafeCore was spun out from American Lithium Energy (ALE), a company that manufactures custom batteries for military applications. ALE received a grant from the Department of Energy to create a battery pack safe enough to be used as part of the protection system for the driver in electric vehicles. This work, combined with a project to create a bullet-safe battery for the U.S. Army, led to the creation of SafeCore.
The company makes money by licensing their SafeCore technology to battery manufacturers, who can then produce safer, lighter, and more efficient batteries.
Keywords: Battery Safety, Lithium-Ion Batteries, Electric Vehicles, Military Applications, Battery Technology, Energy Sector, Innovation, SafeCore Technology, Battery Efficiency, Battery Weight Reduction.