Crown family part of $65 million investment in battery startup
Media Coverage Jeff Helm Media Coverage Jeff Helm

Crown family part of $65 million investment in battery startup

Battery-technology startup NanoGraf has raised $65 million to ramp up production at a West Side factory that will open later this year. Warrenville-based Volta Energy Technologies and CC Industries, the Crown family's holding company, led the investment. TechNexus and five other investors also joined the round, with existing backers, including Hyde Park Angels and Evergreen Climate Innovations.

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Building the U.S. Battery Supply Chain - The Midwest's First Advanced Silicon Anode Production Facility

NanoGraf, an advanced battery material company enabling longer-lasting, higher-energy, and higher-power lithium-ion batteries, today announced plans to launch battery materials production in a new office and manufacturing facility in Chicago. The 17,000 square foot facility is located on the Near West Side adjacent to Fulton Market District at 400 N. Noble St. The company will start production in Q4 2023, with an expected phase 1 material production capacity of 35 tons per year, which is enough for 24 million battery cells. The company has plans to increase to 1000 tons of material production per year by 2024.

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NanoGraf Wins Contract from U.S. Government to Develop First Large-Volume Advanced Silicon Anode Manufacturing Facility in the U.S.

CHICAGO, Nov. 30, 2022 (GLOBE NEWSWIRE) -- NanoGraf, an advanced battery material company and enabler of the world’s most energy dense 18650 lithium-ion cell, today announced a contract award from the U.S. Government. The contract will fund the onshore manufacturing of high-performance silicon anode materials as the first large-volume silicon oxide manufacturing facility in the U.S. At peak production, NanoGraf will produce 35 T/Y, enough material to provide enhanced power for various battery applications.

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Can battery recycling help end US reliance on China?
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Can battery recycling help end US reliance on China?

“If you told me this is a 10-year play, I would say, yeah, that makes total sense,” Chip Breitenkamp, president of battery materials company NanoGraf, told TechCrunch. “I think 2024, 2025 is really aggressive for what they’re trying to do and the stipulations they put on the tax credit.”

Recycling electric car batteries is the next big space to watch as the first wave of electric and hybrid vehicles begins to retire from the streets.

“I’m a huge bull on recycling,” Breitenkamp said.

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Biden’s Defense Production Act intervention ‘won’t solve near term battery supply chain challenges’
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Biden’s Defense Production Act intervention ‘won’t solve near term battery supply chain challenges’

“We certainly welcome President Biden’s effort to invoke the Defense Production Act Title III to help secure the domestic production of batteries that is clearly in our national interest,” Dr Francis Wang, CEO of Nanograf told Energy-Storage.news.

Nanograf is a US startup which is developing silicon anodes for lithium batteries which could be a higher energy density replacement for graphite which is typically used today. The company is working to perfect its technology, which it claims could overcome challenges limiting the use of silicon that have prevented others from commercialising it.

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NanoGraf Wins $1 Million Development Contract from United States Department of Defense to Produce Next-Generation Battery Technology for the U.S. Army

CHICAGO – June 10, 2021 (9am CT) – To help us better embrace our electric future, NanoGraf, an advanced battery material company, today announced it has enabled the highest energy density 18650 cylindrical lithium-ion cell in the world – one that provides a 28 percent longer run time than traditional cell chemistries.

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Podcast: NanoGraf on US EV Infrastructure
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Podcast: NanoGraf on US EV Infrastructure

Tech company NanoGraf has been developing an advanced material for lithium-ion batteries that they say could help EVs improve their range and performance by upward of 40 percent while significantly reducing manufacturing costs.

NanoGraf President Chip Breitenkamp talks about the new technology and why the U.S. needs to become self-reliant when developing electric vehicle components.

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