Principal Investigator – Alex Yu
Entrepreneurial Lead – Siyu Huang
Technical Advisor – Héctor D. Abruña
Lionano (the “Company”) is a supplier of high-performance, high-quality materials for lithium-ion battery manufacturers. The Company has developed a proprietary, nano-engineered material for lithium-ion batteries (LIBs) that delivers improved energy density (2x), enhanced cycle life (2-3x) and costs 50% less than the most advanced cathode material on the market. The Company has scaled up production of the material to 50kg per batch, verified the product via independent testing, and sold its patented product to major electric vehicle (EV) battery suppliers. The material is tailored for batteries used in EVs, consumer electronics and stationery energy storage. It provides an energy density of 220-400 watt-hour per kilogram (Wh/kg), more than twice that of the lithium iron phosphate (LFP) systems currently used in the majority of EVs. The Company has been awarded from sources such as federal Small Business Innovative Research (SBIR) and other state government grants. The Company has obtained an exclusive worldwide technology license from Cornell University for the commercialization of an advanced material. The Company has its own research and prototyping labs located in the McGovern Center incubator at Cornell University, and produces material with the majority of that volume sold to customers around the globe.
The team recently closed their Series B round.