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Materials

Stanley invests in a battery company …

by Michael McCoy
May 30, 2016 | APPEARED IN VOLUME 94, ISSUE 22

Prieto Battery, a lithium-ion battery firm spun off from Colorado State University, has won an investment from Stanley Ventures, the venture capital arm of the toolmaker Stanley Black & Decker. Prieto, which received an investment from Intel last year, was founded in 2009 by Amy Prieto, an associate professor in Colorado State’s chemistry department. The firm says its three-dimensional cell architecture allows the production of powerful batteries in customized shapes.

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