Ateios Systems has closed $7.25 million in Series A funding to scale production of its next-generation lithium-ion battery electrodes and expand supply to global battery manufacturers. The round was led by TitletownTech, with participation from existing investors Elevate Ventures, VisionTech Partners, Good Growth Capital, Lateral Capital, Techstars, and Keshif Ventures, as well as new investors JHH
Ateios Systems and Kodak today announced the expansion of the Ateios RaiCore™ battery electrode platform to three of the world’s most widely used cathode chemistries, Lithium Cobalt Oxide (LCO), Lithium Iron Phosphate (LFP), and Nickel Manganese Cobalt (NMC), while earning third-party verifications for eliminating perfluoralkoxy alkane (PFA) forever chemicals.
Nth Cycle, the revolutionary critical metals refining company, has signed a binding 10-year agreement with Trafigura, a market leader in the global commodities industry, valued at approximately $1.1 billion USD. The agreement was signed as the Trump Administration hosted government and business leaders in Tokyo to discuss energy security at the first Indo-Pacific Energy Security Ministerial
Perseus was also backed early by Roadrunner Fund and incubated by Roadrunner Venture Studios, the nation’s first venture studio focused on deep technology company creation. Perseus Materials has closed a strategic investment for an undisclosed amount from Lockheed Martin, one of the largest defense technology companies in the world. The announcement reinforces what the East Tennessee entrepreneurial
Perseus Materials, a venture-backed startup building the world’s fastest large-scale manufacturing system for composite parts, today announced the closure of a strategic investment by Lockheed Martin. Founded in 2022 by Stanford researchers, Perseus will begin expanding its team, fulfill its first customer orders, and grow its physical footprint. “We’re not interested in making marginal improvements
Witching Hour, a hard tech startup and member of Cohort 2025 of Innovation Crossroads, is wielding the support of the Department of Energy’s Oak Ridge National Laboratory to develop technology that reduces wildfire risk by retrofitting powerlines with insulation in fire-prone areas. ORNL is the site of the Powerline Conductor Accelerated Testing Facility, one of the only
Batteries power everything from cellphones to medical devices to defense systems. In 2021, Ateios Systems licensed technology from Oak Ridge National Laboratory to make battery manufacturing faster and cheaper—an innovation that now underpins the nation’s only domestic battery electrode supply chain, strengthening both economic and national security. Ateios Systems has continued to build on ORNL’s initial innovation, establishing
Qubit Engineering, part of the 2023 Innovation Crossroads cohort at the Department of Energy’s Oak Ridge National Laboratory, recently launched Neuro-Grid, a computational tool that uses artificial intelligence for real-time, high-accuracy analysis of the power grid to offer insights not available through classical computing. Qubit leveraged Frontier, the world’s first exascale supercomputer housed at ORNL’s Oak Ridge
When Evan Stacy was knee-deep in his Ph.D. program at the University of Southern Mississippi, a side project evolved into tackling one of the biggest bottlenecks in carbon fiber production. Today, he’s commercializing that technology through the Innovation Crossroads program at Oak Ridge National Laboratory (ORNL). Innovating in Square One When carbon fiber is produced, step one of the process is