Last deal

$12M

Amount

Convertible Note

Stage

27.04.2021

Date

3

all rounds

$29.97M

Total amount

date founded

Financing round

General

About Company
Gridtential Energy develops safer, greener bipolar battery technology as alternative to lithium-ion.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Convertible Note

IPO status

Private

Description

The company's Silicon Joule technology transforms lead batteries into a powerful, fast-charging, long-lasting source of energy for electric vehicles, homes, and offices. It incorporates solar wafer processing techniques into novel bipolar battery architectures while integrating seamlessly into existing battery manufacturing and recycling infrastructures. Gridtential's business model is built upon a capital-light licensing approach that partners with battery manufacturing partners. The company's collaborative partner relationships leverage industrial engineering expertise and energy storage know-how with modern semiconductor processing capabilities applied to a novel, stacked-cell battery architecture. The company's team is composed of serial entrepreneurs, experienced managers, creative engineers, and master technicians who work in an open, direct, and politic-free culture that focuses on high productivity and collaborative achievement of ambitious goals in an enjoyable working environment.
Contacts

Contact Email

Phone number

Social url

Similar Companies
427
LeydenJar Technologies

LeydenJar Technologies

LeydenJar Technologies develops pure silicon anodes to boost the energy density of Li-ion battery cells.

Sector

Electronic and Electrical Equipment

Subsector

Electrical Components

Keywords

Energy, Manufacturing, Battery

Location

Leiden, Netherlands

total rounds

7

total raised

$70.98M
Amprius

Amprius

Amprius develops high energy density lithium-ion batteries and materials.

Sector

Electronic and Electrical Equipment

Subsector

Electrical Components

Keywords

Manufacturing, Battery, Energy

Location

Sunnyvale, CA, USA

total rounds

6

total raised

$305M
Nexeon

Nexeon

Nexeon is an electronics company that develops and manufactures lithium-ion batteries to reduce carbon anode energy inefficiency.

Sector

Electronic and Electrical Equipment

Subsector

Electrical Components

Keywords

Battery, Manufacturing, Energy Storage

Location

Abingdon, UK

total rounds

8

total raised

$330.88M
EnPower

EnPower

EnPower develops electrode technology to improve battery charging rates and performance for demanding applications.

Sector

Electronic and Electrical Equipment

Subsector

Miscellaneous Electronic Equipment

Keywords

Electric Vehicles, Energy Storage, Manufacturing

Location

Phoenix, AZ, USA

total rounds

2

total raised

$1.95M

Financials

Funding Rounds
4
3

Number of Funding Rounds

$29.97M

Money Raised

Their latest funding was raised on 27.04.2021. Their latest investor Leoch Battery. Their latest round Convertible Note

Date 
Funding Round 
Investors 
Money Raised 
Lead 
1955 Capital

1955 Capital

1955 Capital invests in advanced technologies to solve problems in developing countries.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Los Altos, CA, USA

count Of Investments

7
1955 Capital

1955 Capital

1955 Capital invests in advanced technologies to solve problems in developing countries.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Los Altos, CA, USA

count Of Investments

7
Power-Sonic

Power-Sonic

Power-Sonic manufactures and distributes rechargeable batteries for various applications.

Sector

Alternative Energy

Subsector

Renewable Energy Equipment

Keywords

Manufacturing, Energy Storage, Electronics

count Of Investments

2
Crown Battery

Crown Battery

Crown Battery is a privately owned corporation that manufactures commercial batteries.

Sector

Industrial Engineering

Subsector

Engines

Keywords

Manufacturing, Battery

Location

Fremont, OH 43420, USA

count Of Investments

3
East Penn Manufacturing Co

East Penn Manufacturing Co

East Penn is a family-owned manufacturer of lead-acid batteries that are used in various industries like automotive, marine and mobility.

Sector

General Industrials

Subsector

Diversified Industrials

Keywords

Manufacturing, Automotive, Financial Services

Location

Lyons, PA, USA

count Of Investments

2
East Penn

East Penn

East Penn manufactures lead-acid batteries and accessories.

Sector

General Industrials

Subsector

Diversified Industrials

Location

Lyons, PA, USA

total rounds

1

count Of Investments

1
Co-Investors
Investors
10
5

Number of lead investors

10

Number of investors

Investor 
Lead 
Round 
Partners 
No
Series B, Venture - Series Unknown
Yes
Series B, Venture - Series Unknown
Yes
Convertible Note, Series B, Venture - Series Unknown
Leoch Battery

Leoch Battery

Leoch Battery is an Asian corporate investor that specializes in the manufacture and sale of lead-acid batteries.

Sector

Electronic and Electrical Equipment

Subsector

Electrical Components

Keywords

Battery, Manufacturing, Energy

Location

Shenzhen, Guangdong Province, China

count Of Investments

2
Power-Sonic

Power-Sonic

Power-Sonic manufactures and distributes rechargeable batteries for various applications.

Sector

Alternative Energy

Subsector

Renewable Energy Equipment

Keywords

Manufacturing, Energy Storage, Electronics

count Of Investments

2
Crown Battery

Crown Battery

Crown Battery is a privately owned corporation that manufactures commercial batteries.

Sector

Industrial Engineering

Subsector

Engines

Keywords

Manufacturing, Battery

Location

Fremont, OH 43420, USA

count Of Investments

3

People

Founders
2
Peter Borden
Peter Borden

Peter Borden

Dr. Peter Borden is co-founder of Gridtential Energy, developing proprietary energy storage solutions. He advises companies on renewable energy product strategies, and serves on the energy advisory board of two venture capital funds. He is also an Adjunct Professor at Santa Clara University, where he teaches classes on photovoltaics and batteries, including “Energy Storage: Essential Component in Renewable Energy Solutions”. Dr. Borden pioneered cross-disciplinary battery research between Jasper Ridge, the School of Engineering, and the Department of Chemistry at Santa Clara University. Previously, with Applied Materials, he developed both silicon and thin film technologies in the Solar Business Group. He conceived, demonstrated and patented a process and equipment now being implemented for silicon solar cell manufacturing. Dr. Borden joined Applied in 2003 with its acquisition of Boxer Cross, a VC-backed company that he co-founded in 1997. There he developed metrology systems using DFM processes, which targeted IC manufacturing process control. Earlier he pioneered commercially successful in-situ particle monitoring systems for VLSI process equipment as the CTO and founder of High Yield Technology, acquired by Pacific Scientific. Earlier, at Varian Associates, he led the Photovoltaics Group, setting performance records with III-V and silicon concentrator cells and systems, sponsored by Sandia National Labs, NREL and the Air Force. Dr. Borden has over 80 publications and 68 patents. Dr. Borden holds PhD and MS degrees in Applied Physics from Stanford and BS degrees in Physics and EE from MIT, where he graduated Phi Beta Kappa.

current job

Applied Materials
Applied Materials

organization founded

1

Peter Borden

Michele Klein
Michele Klein

Michele Klein

Michele Klein is co-founder of Gridtential Energy, developing proprietary energy storage solutions. She pioneered energy storage research at Santa Clara University, launching cross-disciplinary battery research in 2010. From 2006-2010, Michele Klein was Senior Director of Applied Ventures LLC, the venture capital arm of Applied Materials, responsible for renewable energy and energy storage. She identified and invested in 9 new companies and served on the boards of 7 companies, including Enphase Energy and Infinite Power Solutions. Before joining Applied, she co-founded, led and sold two VC-backed technology companies making manufacturing process control equipment, and served on the boards of both companies. Michele Klein was CEO of Boxer Cross, Inc. from 1997 to 2003, when it was acquired by Applied Materials. She led a previous start-up, High Yield Technology, from 1986-1996, when it was acquired by Pacific Scientific. In these leadership roles she raised funding from venture capitalists, investment banks and strategic partners. Prior to that, Michele Klein held management positions at Knoll International and Hewlett-Packard. Michele Klein serves on the advisory boards of two venture funds, the Silicon Valley Association for Startup Entrepreneurs (SVASE), SEMI Industry Strategy Symposium and Stanford’s “Women on Boards”. Michele Klein has been an invited speaker or judge for NREL’s Emerging Growth Forum, SVASE Launch Silicon Valley, cleantech events and SCU’s “Energy Storage: Essential Component in Renewable Energy Solutions”. Michele Klein earned a BS from the University of Illinois, and an MBA from the Stanford Graduate School of Business.

current job

Gridtential Energy
Gridtential Energy

organization founded

1

Michele Klein

Employee Profiles
9

Robert Biczek

Corporate development

Bob Gruenstern

Technical advisory board

John Barton

John Barton

Chief Executive Officer

Ray Kubis

Ray Kubis

Director

Collin Mui

Lead silicon engineer

Michele Klein

Michele Klein

Co-Founder

Christiaan Beekhuis

Christiaan Beekhuis

CEO

Peter Borden

Peter Borden

Founder and Chief Technical Advisor

Activity

Recent News
0