Founded in 2016, and 2017 graduate of Y Combinator, Advano is a New Orleans-based company delivering a scalable solution for lithium-ion batteries with higher energy density. By conquering the challenges of silicon, Advano integrates or completely replaces graphite in today's lithium-ion batteries with A-SiFx™, its advanced silicon anode material. Advano is improving the longevity of lithium-ion batteries for blue chip battery manufacturers and tier one consumer electronics and automotive companies.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/28/20 | $18,500,000 | Series A |
DCVC Future Shape Mitsui Kinzoku SBI Material Innovation PeopleFund Thiel Capital Y Combinator | undisclosed |
