Two battery tech startups secure seed funding from Clean Energy Ventures

ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, April 8 — Boston-based Clean Energy Ventures invests in clean energy technologies that can eventually displace 100 million tons of CO2 emissions per year (see, “Clean Energy Ventures closes $110 million first fund for early energy tech).

The venture capital firm has backed Chicago-based Volexion, which has developed a protective coating for lithium-ion batteries that the company says can increase lithium-ion batteries’ energy by 30% and their power density by 40%.

It has also backed Nth Cycle, a Beverly, Mass.-based company with a cleaner, lower-cost way to recover minerals from discarded batteries and electronics for reuse. More.