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Headline: Lighter, Smaller, More Powerful Batteries

Website: http://www.powergenix.com/

PowerGenix is developing and manufacturing patented, nickel-zinc (NiZn) rechargeable batteries that are substantially smaller, lighter and more powerful than other rechargeable batteries on the market today. Our rechargeable Ni-Zn batteries are green and completely safe. Ni-Zn batteries contain no toxic materials, are easily recyclable and are non-combustible.

NiZn batteries lend themselves to...More»

Address: 10109 Carroll Canyon Road San Diego, CA 92131-1109 Map it »

Phone: 858-547-7300

Founded: 2000

Industry: Greentech

Sub-Industry: Other Greentech

Ownership: Private

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Management

Board of Directors

Date	Type	Capital Amount	Post-Money Valuation	Investors
05/2003	Series A	3.75M	Unknown	Advent International, Granite Ventures, Technology Partners
11/2004	Series B	10M	Unknown	OnPoint Technologies, Braemar Energy Investors, Advent International, Granite Ventures, Technology Partners
12/2006	Series C	17M	Unknown	The Angeleno Group, Advent International, Braemar Energy Ventures, Granite Ventures, Technology Partners
09/2008	Series D	30.8M	60.75M	Bessemer Venture Partners, Advent International, Angeleno Group, Braemar Energy Ventures, Granite Ventures, OnPoint Technologies, Technology Partners

Name:	PowerGenix Nickel-Zinc Technology
Product URL:	http://www.powergenix.com/service.php
Description:	PowerGenix has developed a high-energy density, high-cycle life and low-cost nickel-zinc (NiZn) battery ideal for applications that demand high discharge rate capabilities. The technology offers compelling performance advantages, most notably a 30% weight and size reduction coupled with higher power and superior low temperature discharge behavior. Using both a patented electrolyte and a patented electrode composition, PowerGenix has eliminated past issues of dendrite formation and shape change of the zinc electrode during cycling. Dendrite formation and shape change of the zinc electrode have been the primary hindrances to a commercially viable rechargeable NiZn battery. Additionally, PowerGenix developed this breakthrough technology in a manner that did not compromise the inherently superior performance characteristics of a NiZn battery. Two of the more prominent features of the PowerGenix NiZn battery are its small size and low internal resistance, which enables the delivery of significantly more power during periods of peak demand than a nickel-cadmium (NiCd) or nickel-metal hydride (NiMH) battery of comparable size. Although the design and construction of the cell is similar to NiCd, the higher voltage of PowerGenix's NiZn cell results in a 25% lower cell requirement in multi-cell packages, representing significant space and cost savings.

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Last Edit:

09/26/2009 10:32PM by limguine

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User Opinions

Bullish Opinions (2)	Author/Date	Do you agree?
lower cost, better performance, environmentally friendly Add Comment	venturegreen 06/23/2008		100% 1 vote 1 0% 0
Better for the environment Add Comment	eyoung 06/20/2008		100% 1 vote 1 0% 0