Addionics Team (company pic)
Israeli startup Addionics is a chemistry-agnostic battery technology company that manufactures 3D Current Collectors, which drive significant battery manufacturing and performance benefits. The company just raised $39 million in a Series B investment round co-led by GM Ventures and Deep Insight,
These batteries last much longer, which is good for the environment because they will be discarded less often, leaving less waste behind. Discarded electronic items such as batteries leave behind a great deal of pollutants that are bad for the environment. They can be released over time or when the electronics are crushed up when being collected with the garbage.
3D current collectors are revolutionizing the energy storage industry, particularly in the realm of lithium-ion batteries. Unlike traditional flat current collectors, these innovative structures offer a multitude of advantages that can significantly enhance battery performance.
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A current collector is a conductive material, typically copper or aluminum foil, used in batteries to collect and transport electrical current between the electrodes and the external circuit. In a 3D current collector, this conductive material is structured into a three-dimensional network, creating a porous and interconnected framework.
Founded in 2017 by Moshiel Biton (CEO), Vladimir Yufit (CTO), and Farid Tariq (CSO), Addionics provides specialized improved rechargeable batteries by redesigning their architecture. Addionics uses a patent pending 3D metal fabrication method to enhance performance, mileage, safety, cost and charging time of batteries. Addionics boasts that its architecture works with current and emerging LIB technology. There are two sides to the company – hardware making smart 3D electrodes, and software where AI will optimize given structures for given performance attributes.
The company boasts that with better heat dissipation throughout the electrodes, batteries using Addionics provide” faster charging time, increased power, and improved stability, resulting in better-performing batteries at a lower cost.” The added benefit of the Addionics drop-in solution allows manufacturers to seamlessly integrate the 3D Current Collectors allowing for cost-effective production and rapid deployment.
“Working with true partners who understand the urgency of what Addionics has set out to accomplish is a privilege,” said Moshiel Biton, CEO and Co-Founder of Addionics. “As the global demand for higher performing batteries grows, so too has the demand for our product. With the new funding, we will be able to begin commercial production by the end of the year, delivering our technology to battery manufacturers and enhancing battery performance globally.”
