Clean energy storage company EnerVenue, the first to bring metal-hydrogen batteries to the clean energy revolution, has launched with $12m in seed funding.
The investment enables EnerVenue to accelerate development of its safe, maintenance-free, and cost-efficient clean energy storage solution.
Based on technology proven under extreme aerospace conditions, EnerVenue can now bring metal-hydrogen batteries to the mass market with compelling financial and performance advantages over lithium-ion and other incumbent renewable energy storage alternatives.
“As an example of metal hydrogen batteries, nickel-hydrogen batteries have proven to be an incredibly powerful energy storage technology – albeit an expensive one – for the aerospace industry over the past 40 years,” said Dr. Yi Cui, Founder, Chairman of the Board and Chief Technology Advisor, EnerVenue.
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