Read the full story posted on Business Insider on October 13
Coreshell Technologies is helping lithium-ion batteries live longer Recommended by: Douglas Hansen-Luke, Future Planet Capital
Relationship to VC: Not in portfolio
Headquarters: San Leandro, California, US
Total raised: $15.7 million, per PitchBook
What it does: Coreshell Technologies develops a coating for lithium-ion batteries to help prevent specific kinds of degradation.
Why it's poised to take off: "To tackle climate change and reduce our carbon footprint, we need to accelerate the scalability of electric vehicles. Coreshell helps us to meet that challenge," Hansen-Luke said.
The startup's coating also enables better vehicle charging, unlocks higher-capacity and lower-cost batteries without wholesale manufacturing changes, the investor added.
As a result, Coreshell Technologies' product will play a critical role in the energy transition, Hansen-Luke said.