SorbiForce, a Phoenix, AZ-based company which specializes in sustainable battery technology, raised $340K in Crowdfunding.
537 investors across 38 countries participated in the campaign.
The company intends to use the funds to continue patenting and begin the certification process, optimize manufacturing processes, expand its expert team, and scale production.
SorbiForce develops technology that utilizes its own ultra-porous carbon, water, and salt to develop sustainable battery storage systems that address critical issues in the current energy landscape. By employing locally sourced raw materials that are abundant in most locations in the USA, it is mitigating supply chain risks associated with traditional battery components. Additionally, its technology offers substantial safety benefits by eliminating the risks of fires and explosions, common in conventional batteries.
With over 5,000 charge-discharge cycles already achievable and goals to extend this to 10,000 in the near future, SorbiForce batteries are not only durable but are also cost-effective and offer rapid response capabilities, making them ideally suited for a wide range of applications.
FinSMEs
09/05/2024