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Hyundai invests in solid-state battery materials startup Ionic Materials

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Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, is investing in Ionic Materials , a privately held battery materials developer based in Massachusetts, to advance the development of battery technology and improve EV performance with solid-state battery innovation.

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Hyundai invests in solid-state battery materials startup Ionic Materials

Green Car Congress

Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, is investing in Ionic Materials , a privately held battery materials developer based in Massachusetts, to advance the development of battery technology and improve EV performance with solid-state battery innovation.

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DOE awarding more than $50M to 15 projects to advance critical material innovations

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Critical materials are used in many products important to the US economy and energy technologies, such as rare-earth elements used to manufacture high-strength magnets for offshore wind-turbine generators and lithium and cobalt in lithium-ion batteries for electric vehicles. Partners: American Lithium Corporation, DuPont Water Solutions.

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New Renault-Nissan-Mitsubish venture fund to invest up to $1B over five years; 1st investment in Ionic Materials for solid-state electrolyte

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Renault-Nissan-Mitsubishi launch ed Alliance Ventures, a new corporate venture capital fund that plans to invest up to $1 billion to support open innovation over the next five years. The first deal by Alliance Ventures will be a strategic investment in Ionic Materials , a US-based company developing solid-state cobalt-free battery materials.

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DOE announces $139M in funding for 55 projects to advance innovative vehicle technologies

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Funded through the US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE), projects will conduct research in advanced batteries, electrification, and manufacturing in support of DOE’s Energy Storage Grand Challenge. Area of Interest (AOI) 01a: Lithium Ion Batteries using Silicon-based Anodes-Research.

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Patents for all liquid metal battery inventions were licensed from MIT.

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Li-ion startup Cadenza Innovation raises $5+M in oversubscribed Series A; ex Boston Power team

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Cadenza Innovation , a Li-ion battery startup founded in 2012 by Dr. Christina Lampe-Onnerud, former CEO and founder of Boston Power ( earlier post ), has raised more than $5 million in growth capital. Non-expanding cells and no cascading result in space effective and low cost module designs.

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