100x cheaper battery to stop Climate Change

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Security Type
Energy, Technology, Infrastructure, Education, Other
Min Investment
Austin, TX
Offering Date
March 23, 2021
Expected Close Date
April 29, 2024
Target Raise
No. Investors
Security Price
Deal Notes

Price Per Share: $1.00

Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

We are enabling our world to live on solar and wind energy alone. And it's cheaper than all fossil fuels.

A 100% renewable energy world used to be impossible. We designed a long-duration battery that is so cheap that it makes 100% renewables cheaper than coal, gas, and nuclear. Our team with 2 PhDs raised a $500K pre-seed from Y Combinator, DCVC, and more.

Key Deal Facts

$50B/year Total Addressable Market
The world needs 2.4 PWh (2.4 million GWh) of storage by 2050
Most of those 2.4 PWh require batteries that are 100x cheaper than today
We are building the only 100x cheaper battery that can scale
Y Combinator alum, $500k raised, 2 PhDs from top French unis

Use of Proceeds


  • 60% Payroll, 13.25% contractors (mechanical/electrical engineering expertise and consulting), 13% administrative expenses, 10% lab + office space, 3.75% Wefunder fee


  • 43% Payroll, 23% equipment including machining and prototypes, 13% contractors, 10.75% administrative expenses, 6.5% lab + office space, 3.75% Wefunder fee

Management Team / Advisory Board Bios

Andrei Klochko, CEO and cofounder
PhD in plasma physics from Ecole Polytechnique (French top 2 uni), researched the science behind Airthium for 5 years. Went through Y Combinator with Franck in 2017.

Franck Lahaye, COO and cofounder
Ex-EMEA Sales director at Intelsat, one of the world's largest telecommunications satellite operator, he then ran his own satellite capacity brokerage company for several years.

Deal Notes

Price Per Share: $1.00

Amount Raised : $1,211,806
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Security Description

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