News

Ionic Materials Named CleanTech and Energy Company of the Year

BOSTON —May 30, 2018—Ionic Materials today announced it has been named the Company of the Year in CleanTech and Energy at the 2018 NEVY Awards, hosted by the New England Venture Capital Association (NEVCA) and presented by Bristol-Myers Squibb. Ionic Materials received this prestigious award for its continued development of the world’s first novel polymer electrolyte for solid-state batteries that addresses the limitations of today’s batteries: safety, energy density and cost.

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Batteries Still Suck, But Researchers Are Working on It

Better batteries mean better products. They give us longer-lasting smartphones, anxiety-free electric transport, and potentially, more efficient energy storage for large-scale buildings like data centers. But battery tech is frustratingly slow to advance, due to both the chemical processes involved and the challenges that exist around commercializing new battery designs. It remains incredibly tough for even the most promising battery experiments to find their way out of research labs and into the devices we carry.

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A Battery That Could Change The World

Last week I happened to catch an intriguing documentary on NOVA called Search for the Super Battery.
The topic is of intense interest to me, as the development of better, cheaper batteries is critical for both the future of electric vehicles (EVs) and for the future electrical grid. Battery improvements are needed to increase the range of EVs, and cheaper batteries can help drive down the costs of EVs so more consumers can afford them.

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Auto and tech players back solid-state battery company

Ionic Materials has raised another $65 million to help the development and commercialization of its plastic solid-state battery tech, with funders including an alliance of auto giants Renault, Nissan and Mitsubishi and a relative newcomer Volta Energy Technologies.

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Ionic Materials Raises $65 Million to Speed Development of its Revolutionary Polymer Electrolyte for Solid-State Batteries

Woburn, Mass. – February 7, 2018 – Ionic Materials today announced it has secured $65 million in a Series C financing round from a leading group of financial and strategic investors. The strategic investors include companies from the battery manufacturing, consumer electronic and electric vehicle ecosystem who will be working with the company to speed the development of its solid polymer electrolyte battery material. These funds will fuel Ionic Materials’ accelerated growth, support its hiring plans and help the company meet the significant market demand for its novel polymer electrolyte.

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electric vehicles

Safe, long range electric vehicles become a reality

consumer electronics

Longer lasting devices in new form factors

grid storage

Low cost, reliable energy for grid applications

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