
Elegus Technologies
Nanotechnology for safer, longer-lasting batteries.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
$100k | Convertible | ||
Total Funding | 000k |
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Elegus Technologies is a deep-tech company spun out of the University of Michigan in 2014, focusing on advanced battery components. The company was co-founded by John Hennessy, who served as CEO. Hennessy, a graduate of the University of Michigan's Master of Entrepreneurship program, teamed up with Professor Nicholas Kotov, in whose lab the core technology was invented, and Long Qian, who became the CFO. The founding team leveraged the university's ecosystem, including programs like the National Science Foundation's I-Corps and the Michigan Translational Research and Commercialization (MTRAC) program, to transition the technology from the lab to a commercial venture.
The core business of Elegus Technologies revolves around developing and commercializing a battery separator membrane designed to enhance the safety and performance of lithium-ion batteries. This technology finds its application in high-demand sectors such as electric vehicles, consumer electronics like smartphones and laptops, aviation, and stationary energy storage. The company operates on a business-to-business (B2B) model, providing its advanced materials to battery manufacturers. A significant milestone was a $1.5 million joint venture in 2016 with two Michigan-based battery manufacturers, XALT Energy and Energy Power Systems, to integrate its separator technology. In a key strategic move, the company's intellectual property was acquired by Soteria Battery Innovation Group in July 2021 to be integrated into Soteria's global consortium and licensing platform.
Elegus's principal product is an advanced battery separator made from nanofibers extracted from Kevlar, a heat-resistant aramid fiber. This separator addresses critical challenges in lithium-ion battery technology. Its key benefit is enabling higher energy density, which translates to longer battery life and extended range for electric vehicles, without compromising safety. The separator is designed to be exceptionally robust, preventing the growth of dendrites—metallic tendrils that can cause short circuits and fires. Furthermore, the technology utilizes nano-aramid fibers to immobilize harmful elements like moisture and hydrofluoric acid that accumulate as batteries age, thereby reducing degradation and extending the cell's operational life. A crucial feature is its compatibility with existing manufacturing processes, allowing for adoption in large-scale Gigafactories without requiring additional capital investment in new equipment.
Keywords: battery separator, lithium-ion batteries, nanotechnology, aramid fiber, energy storage, electric vehicles, battery safety, University of Michigan, advanced materials, battery longevity