SiNode is now NanoGraf
NanoGraf Corporation launches with $4.5M to improve battery energy density by 50% for consumer electronics and electric vehicles
CHICAGO, IL (December 3, 2018) – SiNode Systems, a Chicago-based developer of advanced materials, and JNC Corporation, a Tokyo-based specialty chemical manufacturer, announced today the formation of NanoGraf Corporation, a joint venture focused on commercializing materials for the Lithium-ion battery industry.
NanoGraf’s technology enhances the performance of battery materials via a proprietary “graphene-wrapped” silicon anode originally invented at Northwestern University. NanoGraf materials enhance battery energy and power density by up to 50% and offer best-in-class cycle life.
The joint venture will use the new funding to expand commercial production of its silicon-graphene composite anode materials and to continue development of additional materials platforms. Via the novel partnership agreement, NanoGraf will gain production facilities in Japan, expanded distribution channels worldwide, over 50 patents, and two research facilities.
“Our new company, NanoGraf Corporation, embodies our vision to create materials solutions that will change the battery industry,” said Samir Mayekar, NanoGraf co-founder and CEO. “Thanks to our partnership with JNC Corporation, we are well-positioned for accelerated growth as we commercialize our graphene-wrapping technology for a range of applications, from consumer electronics to electric vehicles. With our new ton-scale facility we can deliver larger volumes of material to our growing customer base.”
Yasuyuki Gotoh, CEO and President of JNC Corporation, said, “We believe NanoGraf’s technology has great potential to benefit the battery market, and we appreciate this opportunity for collaboration. We look forward to growing NanoGraf into the leading global supplier of silicon anode materials.”
About NanoGraf Corporation
Founded in 2012, NanoGraf Corporation (formerly SiNode Systems) is an advanced materials company developing silicon-graphene materials for the next generation of lithium-ion batteries. NanoGraf materials enabled increased battery energy and power density, all while being produced via a low-cost, solution-chemistry-based manufacturing process. NanoGraf seeks to change the landscape for lithium-ion batteries so they can meet the demands of a wide range of industries, from consumer electronics to electric vehicles. For more information, visit www.nanograf.com
About JNC Corporation
JNC Corporation is a leading chemical company that aims to contribute to society’s progress through superior technology. JNC has created progressive products and technologies ever since the company’s founding in 1906 to keep pace with the advancement of society. JNC’s mission is to contribute to a comfortable living, sustainable industry as well as to create products and technologies in harmony with the Earth’s environment. For more information, visit http://www.jnc-corp.co.jp/english
NanoGraf’s global office locations include:
3440 S. Dearborn St. #113N
Chicago, IL 60616 USA
c/o JNC Shanghai
Jianing International Building
500 Yan An Xi Road
JNC Ichihara Research Center
Ichihara, Chiba 290-8551 Japan