Battery startup Intecells closes Series A funding round

Battery manufacturing equipment startup Intecells has closed a Series A funding round led by Walden International and atmospheric plasma technology company Plasmatreat. Founded in 2017, Intecells is a joint venture between Plasmatreat and Architected Batteries Unbound, which licenses battery electrode fabrication technology and cell integration using atmospheric plasma. The startup will use the funding to reduce battery production costs and improve performance, according to Plasmatreat.

Plasmatreat CEO Christian Buske said, “We want to break free from the constraints of conventional battery design and existing production processes to develop a technology that significantly increase battery performance and make production more efficient. New battery technologies are not only of vital importance to the rapidly growing field of electro-mobility, they would also optimize countless applications in the consumer electronics sector, or even make them feasible in the first place.”

Source: Plasmatreat via Green Car Congress