According to EU-Startups reports, the French start-up "NAWA Technologies" recently completed a financing of 13 million euros. Investors in this round of financing include new investor Bpifrance, industrial investment company Kouros SA and CAAP Creation. Capital Division), Demeter, Région Sud Investissement, Supernova Invest, Eurowatt / Davaniere Capital Partners and EIT InnoEnergy.
French start-up company "NAWA Technologies" was founded in 2013 and is located in Aix-en-Provence. It is a manufacturer of energy storage systems.
The French company NAWA Technologies recently released a new product called Ultra Fast Carbon Electrode, which is based on the vertically arranged carbon nanotube technology used in the company’s supercapacitors, which greatly improves electrical conductivity and thermal conductivity. And ionic conductivity, it can increase the battery power by 10 times, increase the storage capacity by 3 times, and greatly increase the service life of the battery, and can also reduce the charging time to a few minutes.
NAWA claims that this new electrode system will be put on the market in just 12 months, but mass production will have to wait until 2023. NAWA said it can produce multiple types of electrodes for different applications, and these electrodes can also be used with existing or more advanced battery chemistries.
"NAWA Technologies" has developed an energy solution. The new product can store 100 times more electricity than traditional batteries, but the cost is 150 times lower than traditional batteries, and it reduces the environmental impact of growing battery waste by five times . Today, battery storage has become a key component of the EU's establishment of a sustainable low-carbon energy system. "NAWA Technologies" new carbon nano super batteries and applied nanotechnology are changing the energy field.
The new carbon nano super battery can complete the car charging work in just a few seconds, because there is no chemical reaction, only the physical separation between protons and ions, ultra-fast charging will not affect the heat generation of the battery. This means that the operating life of the new carbon nano super battery is very long, and the charging cycle can be up to 1 million times. The new carbon nano super battery does not contain rare earth metals such as lithium and cobalt, so it has environmental advantages.
The manufacturing industry will be the first industry in the world to apply these revolutionary new batteries. Supercapacitor batteries are very suitable for power tools and automated guided vehicles in factories. It replaces lithium-ion-based systems and provides faster charging speeds and more Long service life.
NAWA Technologies said that the sensor-based Internet of Things market will gain huge benefits by using high-power, maintenance-free, and long-life batteries.
Other major markets are hybrid vehicles, battery electric vehicles (BEV) and fuel cell vehicles (FCEV) in the automotive industry. Carbon nano super batteries can quickly store and deploy the energy of regenerative braking systems, thereby greatly improving energy efficiency. At the Consumer Electronics Show (CES) in Las Vegas in 2020, "NAWA Technologies" showcased its "NAWA Racer" electric bicycle. One of the main goals of "NAWA Technologies" is the construction of urban transportation in the future, including the improvement of electric buses and electric vehicles.
Using this round of financing, "NAWA Technologies"'s next-generation carbon nano super battery will be installed at the Provence plant in 2020, and the company will mass-produce its next-generation super battery.