LeydenJar Technologies (LJT), a spin-out venture from ECN (Energy research Centre of the Netherlands) obtained €1.5 million in new funding to fast-track its battery innovation technology. The company will use the funding proceeds to develop a battery prototype fit for use in consumer electronics.
The Leiden-based startup has replaced graphite anode of a battery cell with a 100% silicon anode. In its simplest form, a battery consists of an Anode which gives it a negative charge, a cathode which gives positive charge, and the electrolyte. This helps generate up to 50% more energy density in Li-ion battery cells.