Funding Details
- Awarder
- SemiNews
- Date Award
- August 29, 2023
- Vertical
- Batteries
- Funding URL
- View Funding Page
Company Info
- Traction
- Group1 has raised $7.5 million to bring KIB technology to market and is engaging with leading supply-chain partners and cell manufacturers.
- Organizations Involved
- UT Austin, Energy Institute
- Founders
- Alex Girau, Leigang Xue
- Company Description
- Group1 is a company developing advanced cathode materials for Potassium-ion batteries, aiming to revolutionize the energy industry by providing a domestically sourced, critical mineral-free alternative to Lithium-ion batteries. Their product, Kristonite™, enables faster charging, enhanced safety, and higher energy density compared to existing battery technologies.
- Location
-
Austin,
TX,
US
Links