Wildcat Discovery Technologies, a San Diego, CA-based technology company raised over $90M in Series D funding. focus on rapidly developing new battery materials.
The round was led by Koch Strategic Platforms (KSP), with participation from Eastman Kodak and Fifth Wall Climate.
The company intends to use the funds to support the rapid development and commercialization of the battery cell, including added staff, research capacity, and scale-up capabilities with the goal of having the “supercell” ready for commercialization in two years.
Led by CEO Mark Gresser, Wildcat Discovery Technologies provides a service that accelerates the discovery of new materials for energy applications, with a focus on the development of advanced materials for rechargeable and primary batteries. Its team of scientists uses proprietary high-throughput tools to develop and optimize breakthrough materials, with corporate partners throughout the global battery and materials supply chains.
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Wildcat is developing multiple innovative technologies, all key to formulating a breakthrough EV “supercell”. The EV “supercell” is envisioned as a transformational battery cell combining three Wildcat proprietary technologies currently in development, including cobalt and nickel-free high-energy cathode, a composite solid-state electrolyte and a lithium metal anode.
This battery cell targets a >90 per cent improvement in energy density over today’s best batteries, which could further accelerate the widespread adoption of EVs. Additionally, the innovative components are all being developed with conflict-free materials — reducing the supply chain’s dependence on both nickel and cobalt.
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Wildcat has also entered a development agreement with Kodak to develop and scale substrate coating technologies, critical for the safety and reliability of the next generation of EV battery technology.
recently, on 13 July OneCard entered in Unicorn list with raises of over $102 Mn at a $1.2 Billion valuation, and 5ire raised $100 Mn in Series A at a $1.5 Billion Valuation and entered in Unicorn club and become the 115th Indian Unicorn Startup.