A company based out of Alberta is innovating battery technology for electric vehicles, portable electronics, and energy storage applications.
Edmonton’s Nanode Battery Technologies was founded with a focus on the design and production of high performance anodes for lithium and sodium ion batteries.
Nanode produces metal alloy anode, which it says has higher energy storage capacity, simpler one-step preparation method, and shorter manufacturing time than traditional anodes.
The startup was established in 2020 by Bing Cao and Peter Kalisvaart, who both obtained PhDs from the University of Alberta.
Nanode, a graduate of both Innovation Masterminds Edmonton and the Berkeley SkyDeck Accelerator, says its batteries can charge in just six minutes and be recharged 5,000 times.
Research on tin anodes for sodium-ion batteries first presented by Nanode at the International Tin Conference in Malaysia last year suggests a compelling alternative to lithium-ion batteries.
Specifically, batteries made with tin can be smaller, a critical attribute for many applications. Sodium is also more abundant and less expensive than lithium.
The high-performance tech could one day power flying cars, it has been suggested.
In 2024, Nanode was named by Foresight Canada to the Foresight 50, an annual list of the nation’s most investable cleantechs.
Foresight Canada is now accepting applications for its fifth annual program, which connects Canadian startups tackling environmental and economic challenges with the capital and connections needed to scale their impact.
Since its launch in 2021, the Foresight 50 has helped alumni raise more than $2.2 billion in investment.
Selected companies receive access to exclusive investor networking opportunities, media exposure, the Foresight 50 Showcase in November, and an Investor Forum.
The deadline to apply is June 30.
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