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Group14 closes $18M in financing to scale-up silicon-carbon composite anode material

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Group14 Technologies announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale-up manufacturing of a next-generation silicon-carbon composite anode material and advance into commercial production.

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Li-ion battery maker Leyden Energy raises $10M in Series C financing; targeting stop-start

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a developer and manufacturer of advanced batteries, has raised $10 million in Series C financing from existing investors, including New Enterprise Associates (NEA), Lightspeed Ventures, Sigma Partners and Walden International. Leyden Energy, Inc., The company closed a $20-million Series B round in August 2011.

Li-ion 240
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NREL and Electric Hydrogen partner to develop high-performance electrolyzer components

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million project will diagnose sources of degradation in commercial electrolysis cells and will validate advanced designs that use higher stack currents. In June, Electric Hydrogen closed a $24-million Series A financing to support continued product development and expansion of its operations in the Greater Boston and San Francisco Bay areas.

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Torotrak to acquire remaining 80% of Flybrid for up to £23M; targeting commercial launch of M-KERS in 2015

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The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says. Earlier post.). Torotrak has conditionally raised funds of £16.0

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Niobium anode startup Echion closes £10M A-round

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This financing will allow Echion to scale-up to multi-tonne level material production, demonstrating high-yield, cost effective manufacturability as well as to supply the growing demand for material for pre-production trials. The funds will also be used to strengthen customer support, commercial and R&D operations.

Li-ion 259
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

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Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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XL Hybrids, Henley Transmission Services partner to certify AAMCO for hybrid conversion installation, servicing

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developer of a low-cost hybrid electric powertrain designed specifically for class 1-3 commercial fleet use ( earlier post ), has signed an agreement with Henley Transmission Services, LLC, the largest franchise holder of AAMCO automotive service centers, to certify AAMCO technicians to install and service XL Hybrids’ hybrid-electric conversions.