Dave Savastano06.19.14
Imprint Energy, Inc. has secured $6M in Series A funding to advance its technology and product development. Phoenix Venture Partners (PVP), a venture capital firm with extensive domain expertise in advanced materials entrepreneurship, led the investment, and was joined by Flextronics Lab IX and AME Cloud Ventures.
Proceeds will be used to accelerate development of Imprint Energy’s proprietary ZincPoly chemistry and secure initial product design wins in the Wearable Electronics and Internet of Things markets.
“Imprint Energy is pleased to welcome PVP to the growing Imprint Energy team. PVP’s successful track record of providing development and strategic assistance to materials-oriented start-ups, as well as its broad industrial end-user/partner network, make PVP a perfect fit for accelerating our efforts,” said Dr. Devin MacKenzie, Imprint Energy CEO.
“PVP sees Imprint Energy’s highly differentiated printable battery technology as a key enabling component to accelerating the growth and emergence of wearable electronics and the Internet of Things,” said Dr. John Chen of Phoenix Venture Partners, who along with fellow partner Dr. Nobi Kambe, will both join the Imprint Energy’s Board of Directors.
Imprint Energy is poised to disrupt the battery market for small portable electronics with its proprietary ZincPoly battery technology. The market today exceeds $1 billion and is expected to grow substantially with the emergence of new consumer, medical and industrial devices in Wearable Electronics and the Internet of Things.
The company’s innovations in rechargeable zinc battery chemistry have enabled thin, flexible, solid-state, high energy density cells with performance and features beyond what is commercially available with conventional batteries. Imprint Energy’s ZincPoly™ batteries are thinner, more flexible, more customizable, lower cost to produce and safer, and they will become a platform component for new product innovation.
“We are very excited to announce Flextronics’ investment in Imprint Energy to help bring more flexible printable power solutions to the market,” said Lior Susan, vice president and head of Flextronics Lab IX. “We believe Imprint Energy is an excellent contributor enabling and advancing innovation for the wearables industry and we are happy to provide support and partner with them.”
“Flextronics provides us with an attractive channel to potential customers and brings a wealth of experience in design, manufacturing and logistics that will help us scale,” Brooks Kincaid, Imprint Energy co-founder and president, added.
Proceeds will be used to accelerate development of Imprint Energy’s proprietary ZincPoly chemistry and secure initial product design wins in the Wearable Electronics and Internet of Things markets.
“Imprint Energy is pleased to welcome PVP to the growing Imprint Energy team. PVP’s successful track record of providing development and strategic assistance to materials-oriented start-ups, as well as its broad industrial end-user/partner network, make PVP a perfect fit for accelerating our efforts,” said Dr. Devin MacKenzie, Imprint Energy CEO.
“PVP sees Imprint Energy’s highly differentiated printable battery technology as a key enabling component to accelerating the growth and emergence of wearable electronics and the Internet of Things,” said Dr. John Chen of Phoenix Venture Partners, who along with fellow partner Dr. Nobi Kambe, will both join the Imprint Energy’s Board of Directors.
Imprint Energy is poised to disrupt the battery market for small portable electronics with its proprietary ZincPoly battery technology. The market today exceeds $1 billion and is expected to grow substantially with the emergence of new consumer, medical and industrial devices in Wearable Electronics and the Internet of Things.
The company’s innovations in rechargeable zinc battery chemistry have enabled thin, flexible, solid-state, high energy density cells with performance and features beyond what is commercially available with conventional batteries. Imprint Energy’s ZincPoly™ batteries are thinner, more flexible, more customizable, lower cost to produce and safer, and they will become a platform component for new product innovation.
“We are very excited to announce Flextronics’ investment in Imprint Energy to help bring more flexible printable power solutions to the market,” said Lior Susan, vice president and head of Flextronics Lab IX. “We believe Imprint Energy is an excellent contributor enabling and advancing innovation for the wearables industry and we are happy to provide support and partner with them.”
“Flextronics provides us with an attractive channel to potential customers and brings a wealth of experience in design, manufacturing and logistics that will help us scale,” Brooks Kincaid, Imprint Energy co-founder and president, added.