Soteria Battery Innovation Group
Soteria Battery Innovation Group is a technology development and licensing company focused on enhancing the safety of lithium-ion batteries. Founded in 2017 and headquartered in Greenville, South Carolina, Soteria has developed innovative technology that functions as an internal fuse within batteries to prevent ignition events. This advancement aims to make batteries inherently safe for a wide range of applications, from hearing aids to electric buses. The company is dedicated to ensuring that its safety materials are accessible to all battery manufacturers, promoting local production from a diverse supply base. By addressing fire risks in various devices, including drones, low-speed electric vehicles, power tools, and e-bikes, Soteria enables users to confidently utilize lithium-ion battery-powered devices.
2 past transactions
Voltaplex
Acquisition in 2022
Voltaplex Energy is a manufacturer specializing in lithium-ion battery technology, focusing on the production of small to medium-format battery packs. The company provides tailored battery solutions for various applications, including home energy storage, electric vehicles, medical devices, military equipment, computing, power tools, robotics, and sensors. With a commitment to supporting the transition towards clean energy, Voltaplex leverages its expertise to enable advancements in multiple industries, contributing to the ongoing clean energy revolution.
Elegus Technologies
Acquisition in 2021
Elegus Technologies, Inc. is a company based in Detroit, Michigan, that specializes in the development and commercialization of separator membranes composed of nanoscale fibers. Founded in 2014, Elegus focuses on enhancing the performance of various energy storage technologies, including lithium-ion, lithium-sulfur, and lithium-air batteries. The company’s innovative separator technology, derived from extensive research at the University of Michigan, addresses critical challenges in battery performance, such as dendrite growth and thickness constraints. By enabling battery manufacturers to increase energy density without compromising safety, Elegus aims to support the evolving demands of the battery industry. The company's commitment to innovation positions it to provide high-performance solutions for contemporary and future energy storage applications.
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