Company Overview
Snapshot
Founded in January 2014 by Michael Bromfman, CENS Materials operates with 1–10 employees. The company has raised a total of $7.16M across six funding rounds from six investors. In February 2024, CENS Materials was awarded a funding grant to further develop its Activated Dry Electrode® technology.
Business overview
CENS Materials is a technology company focused on developing and providing advanced materials for lithium-ion (Li-ion) batteries. Its core technology enhances battery performance by increasing capacity, extending cycle life, reducing charging time, and lowering cost per kilowatt-hour. The company's innovations primarily target improvements in cathode and anode materials, making them suitable for diverse applications including electric vehicles, drones, consumer electronics, and energy storage systems. CENS Materials operates within the Energy Tech sector, addressing key challenges in the battery industry by aiming to create more efficient, cost-effective, and longer-lasting batteries that are drop-in compatible with existing manufacturing infrastructure.
Strategic signal
In February 2024, CENS Materials, in collaboration with LiCAP, secured a funding grant to advance their Activated Dry Electrode® with Carbon Nanotube Dispersion Technology. This development is significant as it signals continued innovation in battery manufacturing, potentially leading to more efficient and cost-effective lithium-ion batteries. For investors, this indicates strong validation of CENS Materials' technological approach and its potential to impact the electric vehicle and energy storage markets by reducing manufacturing costs and complexity.
Company Intelligence Q&A
- What is CENS Materials' primary focus?
- CENS Materials specializes in developing and providing advanced materials to enhance the performance of lithium-ion batteries, making them more efficient and cost-effective for various applications.
- When was CENS Materials founded?
- CENS Materials was founded in January 2014.
- What was a significant recent development for CENS Materials?
- In February 2024, CENS Materials and LiCAP were awarded a funding grant to further develop their Activated Dry Electrode® with Carbon Nanotube Dispersion Technology, aimed at advancing lithium-ion battery manufacturing.
- Which investor participated in CENS Materials' August 2023 funding round?
- In August 2023, CENS Materials received funding from Zeon Corporation and Elemants.
- What is the total capital raised by CENS Materials?
- CENS Materials has raised a total of $7.16M across six funding rounds.