Anthro Energy, a San Jose, CA-based battery technology company, raised $7.2M in Seed funding.
The round was co-led by Union Square Ventures, and Energy Revolution Ventures, with participation from Voyager Ventures, Emerson Collective, Nor’Easter Ventures, Ultratech Capital Partners, and the Stanford President’s Venture Fund.
The company intends to use the funds to accelerate the commercialization of its core battery technology platform for applications ranging from wearables to mobility and beyond.
Led by CEO David Mackanic and CTO Dr. Joe Papp, Anthro Energy is an advanced materials company developing solutions to solve some of the biggest problems facing the battery-dependent electrified future. The company has created batteries with structural integrity and total safety that enable customers to create wearable electronics and medical devices. Anthro currently utilizes its core polymer technology in its line of flexible battery products. These flexible batteries can be integrated into ‘dead space’ of devices such as straps, bands, and substrates to create 2-5 fold improvements in run time and functionality. The initial markets for flexible batteries include wearables and medical devices. Anthro is currently providing prototypes to several partners developing a wide range of wearable products.
The company spun out of Stanford University in 2021 and is currently located in San Jose, CA. Anthro is also supported by Activate.org, National Security Innovation Capital, a U.S. Department of Energy Small Business Innovation Research (SBIR) grant, and a U.S. Army XTech SBIR award.
FinSMEs
20/10/2022