Nanoscale Components Receives Investment from 3M

Nanoscale Components Inc., a New Hampshire-based developer of pre-lithiation processes for improved lithium ion batteries, received an investment from 3M.

The amount of the transaction was not disclosed.

Led by CEO Ron Wohl, Nanoscale has developed a process designed to increase lithium content in lithium-ion battery anodes, enabling cell manufacturers to use high-specific capacity anode materials such as silicon to make batteries that hold more energy in less space and weight. The company has already demonstrated a factor of 50,000 process scalability in initial roll-to-roll manufacturing, and is currently working with materials manufacturers and cell makers to commercialize the process.

The investment aims to expand the adoption of 3M’s silicon alloy anode into lithium-ion batteries.

FinSMEs

20/02/2015

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