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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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As the next step of our strategy, we aim at merging the long lifetime, fast charging supercapacitors and high energy, long-duration battery technology, to allow to offer a more competitive long range EV battery than currently on the market or in the development pipeline. The total financing in Round D now amounts to €70.4

Estonia 186
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Hyundai makes Series B investment in hydrogen and fuel cell catalyst maker Pajarito Powder

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US-based startup Pajarito Powder has received a Series-B investment from Hyundai Motor Company. The investment is intended to allow Hyundai Motor to expand its portfolio in the value chain of the hydrogen industry and strengthen the establishment of the hydrogen ecosystem. 2021.100052.

Hyundai 186
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UP Catalyst offering carbon-negative graphite for European battery supply chain

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UP Catalyst , an Estonia-based company developing a method to produce sustainable carbon nanomaterials and graphite from CO 2 ( earlier post ), says that it can produce carbon-negative graphite, consuming 3.7 Such carbon-negative products have various applications ranging from paints and coatings to electronics and concrete.

Carbon 186
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EPRI-led team awarded $2.8M from ARPA-E to research uranium recovery for next-gen reactors; deep borehole disposal

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EPRI, Oak Ridge National Laboratory (ORNL), Southern Company Research and Development, and Deep Isolation recently were recently awarded $2.8 After just four years as a public-facing company, Deep Isolation’s milestones include: contracts with a dozen countries across three continents, 18 patents and 90 notices of invention.

EPRI 186
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Ultracapacitor manufacturer Skeleton Technologies raises €3.9M (US$5.2 M) in Round A financing

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Our products have four times higher power density (80Wh/L), and almost double the energy density (14Wh/L) compared to current industry standards. The company’s customer list already includes the European Space Agency (ESA) and several automotive Tier 1 suppliers. SkelCap ultracapacitor cells are available in ranges from 250F to 3500F.

Financing 247
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Enefit VOLT Transforms into a New Charging Network Using Driivz Technology

Driivz

Enefit VOLT, the largest electric vehicle fast charging network in Estonia, selected Driivz, the leading EV charging and energy management software platform provider, to optimize its network operations and provide excellent EV charging experiences to EV drivers. Driivz has proven to be a valued partner and a trusted advisor.

Volt 52
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Molycorp to increase supply of rare earth materials to Hitachi Metals; the two call off US joint venture plans

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The three-year deal, which extends and expands upon an existing supply relationship between the companies, significantly increases the amount of rare earth materials that Molycorp will provide Hitachi Metals. The companies were unable to reach agreement on certain key matters affecting the value of the joint venture to each party.

Supplies 240