Success Stories - Spin-outs
Fast growing spin-outs emerging from Faraday Institution research programmes, poised for commercial success and aiming for real-word impact
Supporting start-ups and launching spin-outs – Faraday Institution involvement
In its first 6 years, the Faraday Institution has supported 14 start-ups, which today employ 118 people. From a Faraday Institution investment of around £1M, the companies have yielded a 36-fold return in further disclosed funding (to March 2024).
AI spinout Polaron to accelerate design of advanced materials
A new Imperial spinout company will use generative AI to help companies design higher performing materials for applications such as batteries.
UK-based start-up OXLiD supported to an acquisition by Gelion
Retaining a significant lithium-sulfur battery IP portfolio for the UK
Breathe and Volvo Cars Partner
Former entrepreneurial fellows Breathe Battery Technologies and Volvo Cars partner to bring adaptive charging software to new generation EVs
Cognition Energy Gives Battery Packs a Boost
Startup Cognition Energy’s expertise in thermal management, its cell testing service and novel CellPod testing product are being used to extend battery life and reduce ownership costs.
Patent-pending Technology Makes Fast Charging Faster by More Than 60%
The Electrochemical Innovation Lab at UCL has developed charging-engagement “MagLiB” technology that uses a dynamic magnetic field to accelerate the fast charging of lithium-ion batteries, potentially increasing EV range without negatively affecting the lifetime of the battery.
Battery Research for Vertical Take-off and Landing Aircraft Takes Off
Qdot applies its expertise in thermal management technologies, proven in nuclear fusion tokamaks, to battery pack systems.
Towards a Greener Lead Acid Battery Recycling Process
Solveteq’s technology replaces the most energy-intensive and polluting steps in the lead-acid battery recycling process with a low-temperature, solvent-based method.
Developing Diagnostic Models to Warranty Batteries
Lancaster University spin-out Altelium offers a non-intrusive diagnostic toolkit that for the first time enables the insurance industry to warranty batteries.