On Electrification: Why TechNexus Invested in NanoGraf

Dr. Francis Wang, CEO of NanoGraf Corporation

HQ: Chicago, IL

CEO: Dr. Francis Wang

The problem: Lithium-ion batteries have become the portable power technology of choice, powering everything from portable consumer electronics to electric vehicles. Over the past decade, lithium-ion battery energy density improvements have nearly plateaued, and the current battery technology cannot meet the energy and power demands of today’s on-the-go consumer, for ever-increasing range, power, and cycling stability.

Insert NanoGraf: NanoGraf Corporation has developed a proprietary, high-energy density silicon anode material that has the long-term potential to replace graphitic-based anodes in lithium-ion batteries for a range of applications, from consumer electronics to electric vehicles. Their silicon-based anode materials enable longer-lasting, faster-charging batteries. [TLDR: NanoGraf’s technology ensures limited first-cycle losses, stabilizes cycling performance, and eases drop-in processing.]

Why we’re investing: NanoGraf’s technology is enabling a leap in lithium-ion battery energy, power density, and stability. Collaboration with their team brings substantial strategic value to both our Corporate Partners, as well as our other Portfolio Companies that are working to improve the future state of battery tech. Our team is proud to back NanoGraf’s mission to enable an electrified future and looks forward to continuing to play a role in their growth journey.

Further reading: NanoGraf to launch US’s first large-volume silicon oxide factory | How Will NanoGraf’s Technology Change the Lithium-Ion Battery Landscape? | NanoGraf Sets New Industry Benchmark for Most Energy Dense Lithium-Ion 18650 Battery at 4.0Ah

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