Status
Acquired by Contour Energy Systems on September 6, 2012
Funding Received
$9.8 Million in 3 Rounds from 5 Investors
Headquarters:
Austin, TX
Description:
ActaCell develops materials for lithium-ion battery applications and focuses on commercializing material development.
Categories:
Search, Batteries, Clean Technology
Website:
http://www.actacell.com

Detailed Description

Update

ActaCell, Inc. is an Austin-based technology start-up commercializing lithium-ion battery technology developed in the Material Science and Engineering lab at The University of Texas at Austin. This new technology is focused on delivering substantially longer cycle life at low cost while maintaining safety as the number one priority. The Material Science and Engineering program at the University of Texas has a long history of innovation in lithium ion chemistries.

The company announced on July 200, 2008 that it secured $5.8 million in Series A financing. DFJ Mercury led the round with syndicate investment from Google.org's RechargeIT program, Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. and Good Energies. The proceeds from the Series A financing will be used to hire key technical talent and to further develop ActaCell's lithium-ion battery technology for commercial purposes.

Current Team (1)

Update

Funding Rounds (3) - $9.8M

Update

Board Members and Advisors (2)

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Investors (5)

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  • 70b4e631759a9e10fcb0d83ff7dac820

    The Texas Emerging Technology Fund

    The ETF, created by the Texas Legislature at the urging of Governor Rick Perry, provides Texas...
  • 8427538161811501a14eb957c4e2a9f4

    Good Energies

    Clean Energy Investor
  • Tjiikcwcsseopwkjav7e

    Google

    Google is a search and advertising service provider that aims to organize and monetize the...
  • Af7019851429f955d5cdfac813ef3590

    Mercury Fund

    Mercury Fund is a seed and early-stage venture capital firm focused on entrepreneurs and...
  • C91b82986204f1865d5dfe82d011f9d6

    Applied Ventures

    Applied Ventures, LLC is the venture capital fund of Applied Materials, Inc., (NASDAQ: AMAT), the...

Offices/Locations (1)

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  • Office

    ActaCell, Inc. 2105 Donley Drive Suite 200

    Austin, TX 78758

    USA