The company has also closed a seed round with $5.15m in funding led by Primavera Capital Group, with participation by Rhapsody Venture Partners and MassVentures.
The license and the venture funding will enable the start-up to scale Harvard’s laboratory prototype toward commercial deployment of a solid-state lithium-metal battery with the potential to provide reliable and fast charging for future EVs.
Developed by researchers in the lab of Xin Li, PhD, Associate Professor of Materials Science at Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS), the lab-scale coin-cell prototype has achieved battery charge rates as fast as three minutes with over 10,000 cycles in a lifetime. It is also said to high energy density and a level of material stability that overcomes the safety challenges posed by some other lithium batteries. The team’s results have been published in Nature and other journals.
Adden Energy was co-founded in 2021 by Li, along with William Fitzhugh, PhD ’20, and Luhan Ye, PhD ’22, both of whom contributed to the development of the technology as graduate students in Li’s Harvard lab. Fred Hu, PhD ’93, founder and Chairman of Primavera Capital, is also a founder of Adden Energy.
The start-up aims to scale the battery up to a palm-sized pouch cell, and then upward toward a full-scale vehicle battery in the next three to five years.
“If you want to electrify vehicles, a solid-state battery is the way to go,” Li said in a statement. “We set out to commercialise this technology because we do see our technology as unique compared to other solid-state batteries. We have achieved in the lab 5,000 to 10,000 charge cycles in a battery’s lifetime, compared with 2,000 to 3,000 charging cycles for even the best in class now, and we don’t see any fundamental limit to scaling up our battery technology. That could be a game changer.”
Related content
According to Fitzhugh, Adden Energy’s CEO, 29 per cent of US carbon dioxide emissions were produced by transportation in 2019.
“Complete electrification of the vehicle fleet is one of the most meaningful steps we can take to fight climate change,” he said. “However, broad adoption of electric vehicles requires batteries that can meet a diverse set of consumer needs. For example, 37 per cent of Americans don’t have garages at home, so at-home overnight charging is not possible. In order to electrify this segment, EVs need to recharge at comparable times to internal combustion vehicles, essentially in the time you’d currently spend at the gas pump.”
The technology developed at Harvard, including innovations in solid-state battery design and electrolyte production, may offer other advantages.
“Typically, lithium-metal anodes in other solid-state designs develop dendrites, twig-like growths that can gradually penetrate through the electrolyte to the cathode. We defeat the growth of dendrites before they can cause damage, by novel structural and material designs,” said Ye, who is now CTO of Adden Energy. “As a result, the device can sustain its high performance over a long lifetime. Our recent study shows that this nice feature can also be maintained at scale-up.”
“Electric vehicles cannot remain a luxury fashion, literally the ‘one per cent’ of vehicles on the road, if we are to make progress toward a clean energy future, and the US won’t have a used-car market if EV batteries last only three-tofive,” added Li. “The technology needs to be accessible to everyone. Extending the lifetime of the batteries, as we’re doing here, is an important part of that.”
Promoted content: Does social media work for engineers – and how can you make it work for you?
So in addition to doing their own job, engineers are expected to do the marketing department´s work for them as well? Sorry, wait a minute, I know the...