Advanced Battery Concepts (ABC) is pioneering the energy storage landscape with its commitment to cleaner energy solutions, leveraging its tagline: "Better Batteries, Better World!" Founded in 2008 and headquartered in the United States, the company operates at the intersection of Information Technology, Manufacturing, and Energy Storage.
ABC has developed a transformative advanced bipolar battery technology, safeguarded by an extensive intellectual property portfolio of over 55 patents and 40 trade secrets worldwide. The company's focus on using common, cost-effective materials enhances the economic and environmental viability of its solutions. Uniquely, their products are designed for easy disassembly, facilitating the recovery and continuous reuse of key components.
The company is aggressively commercializing its technology globally, supported by licensing partnerships, reducing storage costs by 40% compared to current alternatives. Their recent Series B investment on October 14, 2020, backed by Nuveen, a TIAA company, marks a critical step in their expansion and deployment across various market segments.