Originally posted on Gigaom:
A lithium ion battery that can charge in five minutes and last for five times longer than the standard — that’s the goal for startup Prieto Battery, which just raised $5.5 million of a planned $6.8 million round, according to a filing. The company is the brainchild of Colorado State chemistry professor Amy Prieto, and was the first startup launched out of the business arm of the university’s Cenergy program for commercializing clean energy research.
Prieto Battery is leveraging nanotechnology to develop tiny copper nanowires that make up the anode of the battery. A battery is made up of an anode on one side and a cathode on the other, with an electrolyte in between. For traditional lithium ion batteries, lithium ions travel from the anode to the cathode through the electrolyte, creating a chemical reaction that allows electrons to be harvested along the way. Prieto’s battery is a…
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