$44 Million For New EV Battery Breakthrough That Solves PFAS Problem, Permanently

By Tina Casey | Clean Technica | December 12, 2024

Read the full article by Tina Casey (Clean Technica)

"Everyone has the jitters about the fate of the US electric vehicle market after President Joe Biden peacefully hands over the reins of power on January 20. Everyone, that is, except top investors like the GM Ventures branch of General Motors. The firm has just co-lead a new $44 million round of financing aimed at bringing a new PFAS-free energy storage solution to market, gilding the green lily with EV battery performance improvements as well.

A New Solution For The EV Battery PFAS Problem

GM Ventures and Catalus Capital spearheaded the $44 million financing round on behalf of the Massachusetts startup Nanoramic, which has been laboring in semi-obscurity over the EV battery PFAS problem since spinning out of MIT in 2009. That was right around the time CleanTechnica hit the Intertubes, so we have some catching up to do.

Nanoramic has come up with a PFAS-free, drop-in replacement for the conventional binders commonly used in EV battery electrodes as well as other lithium-ion battery applications. EV battery binders typically don’t get a lot of media attention, but they exercise significant influence over battery cost and performance."