Chemix, a venture-backed next-generation EV battery developer, aims to revolutionize EV battery development using GenAI. Current battery development processes are labor-intensive, expensive, and simply too slow to keep up with emerging demand for differentiated battery performance requirements. AI can significantly streamline and accelerate the battery development effort, akin to how AI has facilitated drug development. Chemix's battery designs are compatible with existing Li-ion battery manufacturing, providing a seamless transition from R&D to pilot and eventually high-volume production at the GWh level.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
04/24/24 | $20,000,000 | Series A |
Berkeley SkyDeck Fund BNP Paribas Ibex Investors KDDI Mayfield Fund Porsche Ventures Urban Innovation Fund | undisclosed |