The Israeli/Australian firm UltraCharge has raised 2.5 million Australian dollars ($1.9 million) in funding to advance the development of its battery tech.

UltraCharge’s technology portfolio includes a patented anode technology from Nanyang Technology in Singapore that replaces graphite in anodes with titanium dioxide nanotube fibers.

The company has also agreed to acquire the rights to a high-voltage LiMnNO cathode that it says is half the cost of commercial cathodes, and offers advantages in terms of voltage, energy capacity and power capacity.

UltraCharge also has an exclusive license agreement with Epsilor in Israel for a new ion flow battery technology, which the company says has a low installation cost and lower operating costs than other comparable solutions.

UltraCharge has established a pilot facility, and is currently developing these platform technologies and customizing solutions.

Source: Green Car Congress