Three materials start-ups attract funding | July 4, 2016 Issue - Vol. 94 Issue 27 | Chemical & Engineering News
Volume 94 Issue 27 | p. 12 | News of The Week
Issue Date: July 4, 2016

Three materials start-ups attract funding

Firms say their technology will improve performance of solar cells, batteries, and 3-D printed parts
Department: Business
News Channels: Environmental SCENE
Keywords: start-ups, advanced materials, solar, lithium-ion batteries, 3-D printing

Three materials start-ups have attracted funding to develop and scale up improved ingredients that may help solar, battery, and three-dimensional printing technologies reach the next level of performance.

Silicon wafer maker 1366 Technologies has a new partnership with solar silicon giant Wacker Chemie that includes a $15 million investment and an agreement for Wacker to supply polysilicon for the start-up’s direct wafer technology.

Wafers made by 1366 are not sliced from ingots but rather produced directly from molten silicon. The company says the process creates higher quality, more consistent wafers with fewer defects that impact the conversion efficiency of solar photovoltaics.

Silatronix, a spin-off from the University of Wisconsin, Madison, and Argonne National Labs, has raised $8 million to commercialize organosilicon materials for use in lithium-ion batteries. The compounds can be used as electrolytes, binders, and coatings to make batteries more thermally stable, more safe, and capable of using new, high-energy electrodes, Silatronix claims.

One investor, Inabata & Co., will distribute Silatronix products across Asia; Hitachi Chemical will evaluate the firm’s materials with its own lithium-ion anode materials.

And the explosion of new materials for 3-D printing now includes strong, lightweight composites developed by Arevo for aerospace, medical, and automotive markets. The California-based start-up raised $7 million in its first round of funding, led by Khosla Ventures.

Arevo produces filaments for the printers made by embedding thermoplastics with carbon fibers, carbon nanotubes, and glass fibers. The company also develops 3-D printing software and robotic manufacturing technologies.

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Ronald Myers (July 7, 2016 8:57 AM)
This is great news for the future of chemistry/materials and is a further example of the well-established trend wherein start-ups are key to developing new materials and new technologies. With the recent merger of Dow and DuPont and the subsequent reduction in R&D efforts by the merged company (and unfortunate loss of thousands of R&D scientists and others), start-ups such as those mentioned in this article will be a major source of future innovation.
Fenton Heirtzler (April 17, 2017 2:46 AM)
I'm looking forward to more information about assembling a "chemistry-in-chemistry" team to petition investors.

Lab space and infrastructure isn't cheap (unlike the real estate requirements for an IT start-up). Start-ups which mature from academic research get the ball rolling from university labs. I'm concerned, because a founder/entrepreneur who isn't associated with a research-active university or college will have similar infrastructure needs.

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