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US Startup Aims to Revolutionize Lithium-Ion Batteries

from Silicon Republic

Prieto Battery, a spinout from Colorado State University, is on a mission to create lithium-ion batteries that are up to 1,000 times more powerful, 10 times longer lasting and more energy efficient than batteries that are currently available. The startup, which spun out of Colorado State's clean energy commercialization facility Cenergy in 2010, has raised US$5.5 million of a planned US$6.8 million funding round, according to a filing in the US. The battery technology is the brainchild of Amy Prieto, an assistant chemistry professor in the university's College of Natural Sciences. more

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