Imprint Energy, Inc., an Alameda, CA-based developer of thin, flexible, rechargeable batteries, secured $6M in Series A funding.
The round was led by Phoenix Venture Partners (PVP), with participation from Flextronics Lab IX and AME Cloud Ventures. In conjunction with the funding, Dr. John Chen of Phoenix Venture Partners, and fellow partner Dr. Nobi Kambe, will both join Imprint Energy’s Board of Directors.
The company intends to use the funds to advance its technology and product development. It aims to accelerate development of its proprietary ZincPoly™ chemistry and secure initial product design wins in the Wearable Electronics and Internet of Things markets.
Led by Dr. Devin MacKenzie, CEO, and Brooks Kincaid, President, Imprint Energy has developed ZincPoly™ battery technology (on original research conducted at UC Berkeley), which uses non-toxic, non-volatile materials that enable scalable, print-based manufacturing of ultrathin, flexible, rechargeable batteries with high energy density.
The market today exceeds $1B and is expected to grow substantially with the emergence of new consumer, medical, and industrial devices in Wearable Electronics and the Internet of Things.
FinSMEs
17/06/2014