South 8 Technologies Raises $12M To Commercialize Next Generation Electrolytes For High Performance Lithium-Ion Batteries
South 8 Technologies Raises $12M To Commercialize Next Generation Electrolytes For High Performance Lithium-Ion Batteries
04/26/22, 4:05 PM
Location
san diegoMoney raised
$12 million
South 8 Technologies, a pioneer in electrolyte formulations for next-generation lithium batteries, today announced it has raised $12M in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). South 8 will leverage the funding to accelerate the commercialization of its patented Liquefied Gas Electrolyte (LiGas®) technology for high-performance batteries for electric vehicle, grid storage, aerospace, and defense applications.
Company Info
Location
san diego, california, united states
Additional Info
South 8 Technologies began operations in 2016 as a spin out of UC San Diego where the founding team developed its breakthrough new Liquefied Gas Electrolyte (LiGas®) chemistry for next-generation lithium batteries. Its patented technology enables a substantial increase in energy, improved safety, and an exceptionally wide operating temperature. Leveraging conventional materials and manufacturing, South 8 Technologies offers a unique solution for a variety of e-mobility, energy storage, and industrial applications.