Also known as: Millibatt, Inc., Millibatt
Nuvola is transforming battery manufacturing, making EV batteriesβ¦
Company is active
Event Year: 2016
Company is active
Event Year: 2016
Nuvola is revolutionizing battery manufacturing through the commercialization of SafeCoat, an innovative spray-on separator technology. SafeCoat is directly applied to electrodes, eliminating the necessity for traditional separator films and the extensive infrastructure required for their production. This groundbreaking solution has undergone successful pilot programs with leading battery and automotive manufacturers and is now poised for widespread commercial adoption. Industry leaders are particularly attracted to SafeCoat's significant impact, including a 99% reduction in fire risk, a 70% decrease in manufacturing scrap, and potential cost savings of $350 million per 40GWh factory. Nuvola's capital-efficient model requires only $8 million in capital expenditure to achieve profitability by 2027, making it an attractive investment opportunity in the rapidly growing electric vehicle battery market.
Nuvola is revolutionizing battery manufacturing through the commercialization of SafeCoat, an innovative spray-on separator technology. SafeCoat is directly applied to electrodes, eliminating the necessity for traditional separator films and the extensive infrastructure required for their production. This groundbreaking solution has undergone successful pilot programs with leading battery and automotive manufacturers and is now poised for widespread commercial adoption. Industry leaders are particularly attracted to SafeCoat's significant impact, including a 99% reduction in fire risk, a 70% decrease in manufacturing scrap, and potential cost savings of $350 million per 40GWh factory. Nuvola's capital-efficient model requires only $8 million in capital expenditure to achieve profitability by 2027, making it an attractive investment opportunity in the rapidly growing electric vehicle battery market.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
Industrials
Industrials
Industrials -> Energy
Industrials -> Energy
Team size: 4
Hiring: No
Team size: 4
Hiring: No