Wildcat Discovery Technologies, a San Diego, CA-based technology company that uses proprietary high throughput methods to rapidly develop new battery materials, raised over $90M in Series D funding.
The round was led by Koch Strategic Platforms (KSP), with participation from Eastman Kodak and Fifth Wall Climate.
The company intends to use the funds to support the rapid development and commercialization of the battery cell, including added staff, research capacity, and scale-up capabilities with the goal of having the “super cell” ready for commercialization in two years.
Led by CEO Mark Gresser, Wildcat Discovery Technologies provides a service that accelerates the discovery of new materials for energy applications, with a focus on the development of advanced materials for rechargeable and primary batteries. Its team of scientists uses proprietary high-throughput tools to develop and optimize breakthrough materials, with corporate partners throughout the global battery and materials supply chains.
Wildcat is developing multiple innovative technologies, all key to formulating a breakthrough EV “super cell”. The EV “super cell” is envisioned as a transformational battery cell combining three Wildcat proprietary technologies currently in development, including a cobalt and nickel free high energy cathode, a composite solid-state electrolyte and a lithium metal anode.
This battery cell targets a >90 percent improvement in energy density over today’s best batteries, which could further accelerate the widespread adoption of EVs. Additionally, the innovative components are all being developed with conflict-free materials — reducing the supply chain’s dependence on both nickel and cobalt.
Wildcat has also entered a development agreement with Kodak to develop and scale substrate coating technologies, critical for the safety and reliability of the next generation of EV battery technology.
FinSMEs
13/07/2022