Foothill Ventures

Foothill Ventures is a technology-focused venture capital firm based in Los Altos, California. It backs seed and early-stage startups in the United States, aiming to partner with companies developing software, hardware, and platform technologies across sectors such as healthcare, information technology, cybersecurity, big data, the internet of things, robotics, life sciences, advanced manufacturing, 3D printing, blockchain, augmented and virtual reality, and artificial intelligence. The firm emphasizes early guidance and strategic value to portfolio companies and operates as a registered investment adviser. Foothill Ventures traces its origins to the TEEC Angel Fund and maintains a focus on deep technology and data-driven innovation.

Michael Jin Ph.D

Managing Partner and Co-Founder

Eric Rosenblum

Venture Partner

Xuhui Shao

Managing Partner

Jinlin Wang

Managing Partner

Past deals in Energy Storage

Coreshell Technologies

Series A in 2025
Founded in 2017, Coreshell Technologies specializes in advanced materials engineering for lithium-ion batteries. The company focuses on enhancing battery performance and lifespan through its proprietary nanolayer thin-film coating technology, catering primarily to the electric vehicle and grid storage markets.

Feon

Seed Round in 2024
Feon develops new-molecule-based liquid electrolytes for lithium-ion and lithium-metal batteries.

UNIGRID

Series A in 2024
UNIGRID develops sustainable and affordable sodium-based batteries using abundant materials. They aim to put a battery into every home, the grid, and other distributed energy storage applications. They use dense Na-alloy and a non-flammable electrolyte, which led to high energy density and improved safety.

AM Batteries

Series B in 2023
Founded in 2016, AM Batteries specializes in the manufacture of Li-ion batteries using solvent-free electrode technology. This innovative approach aims to enhance energy efficiency, enable faster charging, and reduce production costs.

South 8 Technologies

Venture Round in 2023
South 8 Technologies, Inc. is a San Diego-based company that specializes in the development and manufacturing of lithium batteries and electrochemical capacitors utilizing an innovative liquefied gas electrolyte known as LiGas. Founded in 2015, South 8's LiGas technology addresses critical safety concerns associated with traditional lithium-ion batteries, effectively reducing fire risk and enabling operation across a wide temperature range of -60 to 60 °C. The LiGas electrolyte enhances energy density, supports fast charging, and is compatible with existing battery materials, making it a cost-effective solution for manufacturers. South 8's battery products, including the Arctic LiGas 18650 cell, cater to a diverse array of applications, including electric vehicles, energy storage, and sectors such as aerospace and defense. The company holds 23 patents in multiple jurisdictions, reflecting its commitment to innovation and advancing the capabilities of battery technology.

AM Batteries

Series A in 2022
Founded in 2016, AM Batteries specializes in the manufacture of Li-ion batteries using solvent-free electrode technology. This innovative approach aims to enhance energy efficiency, enable faster charging, and reduce production costs.

South 8 Technologies

Series A in 2022
South 8 Technologies, Inc. is a San Diego-based company that specializes in the development and manufacturing of lithium batteries and electrochemical capacitors utilizing an innovative liquefied gas electrolyte known as LiGas. Founded in 2015, South 8's LiGas technology addresses critical safety concerns associated with traditional lithium-ion batteries, effectively reducing fire risk and enabling operation across a wide temperature range of -60 to 60 °C. The LiGas electrolyte enhances energy density, supports fast charging, and is compatible with existing battery materials, making it a cost-effective solution for manufacturers. South 8's battery products, including the Arctic LiGas 18650 cell, cater to a diverse array of applications, including electric vehicles, energy storage, and sectors such as aerospace and defense. The company holds 23 patents in multiple jurisdictions, reflecting its commitment to innovation and advancing the capabilities of battery technology.

Coreshell Technologies

Series A in 2022
Founded in 2017, Coreshell Technologies specializes in advanced materials engineering for lithium-ion batteries. The company focuses on enhancing battery performance and lifespan through its proprietary nanolayer thin-film coating technology, catering primarily to the electric vehicle and grid storage markets.

AM Batteries

Seed Round in 2021
Founded in 2016, AM Batteries specializes in the manufacture of Li-ion batteries using solvent-free electrode technology. This innovative approach aims to enhance energy efficiency, enable faster charging, and reduce production costs.

Ascend Elements

Series B in 2021
Ascend Elements specializes in manufacturing advanced battery materials using recycled lithium-ion batteries. It employs hydroprocess recycling and direct recycling methods to create new cathode materials from old ones, contributing to a more sustainable electric vehicle industry.

Coreshell Technologies

Seed Round in 2020
Founded in 2017, Coreshell Technologies specializes in advanced materials engineering for lithium-ion batteries. The company focuses on enhancing battery performance and lifespan through its proprietary nanolayer thin-film coating technology, catering primarily to the electric vehicle and grid storage markets.

Next-Ion Energy

Pre Seed Round in 2019
Next-Ion Energy is a company specializing in lithium-ion battery technology solutions. It focuses on enhancing existing battery architectures to improve charging and discharging rates, thereby increasing the efficiency and safety of these batteries. By providing innovative solutions, Next-Ion Energy aims to address critical performance and safety challenges in the battery industry, catering to the needs of various customers seeking reliable and advanced battery technologies.
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