StoreDot

StoreDot is an Israeli lithium-ion battery company based in Herzliya.

History and technology

StoreDot was founded by CEO Doron Myerdorf and his partners in Tel Aviv, Israel in 2012.[1][2]

In 2014, the company demonstrated a smartphone battery that charged within 30 seconds. In the same year, it announced that it had started working on a technology called multifunction electrode (MFE), a combination of a conductive polymer and metal oxide, that would enable future electric vehicles to fully charge in five minutes.[3]

As of 2018, StoreDot is planning to build a battery manufacturing facility in the United States.[4]

Ownership

StoreDot lists BP Ventures, Daimler, Samsung Ventures, China-based Lucion Venture Capital Group and Roman Abramovich as some of its investors.[1][5][6] StoreDot was BP's first investment in an Israeli company.[2]

Accolades

In 2017, StoreDot was named the most disruptive company in the world by Disrupt100.[7]

References

  1. 1 2 Ben Gedalyahu, Dubi (May 22, 2018). "BP invests $20m in Israeli fast-battery co StoreDot". Globes. Retrieved June 2, 2018.
  2. 1 2 Solomon, Shoshana (May 22, 2018). "UK's BP unit invests $20m in Israel's fast battery charging startup StoreDot". The Times of Israel. Retrieved June 2, 2018.
  3. ↑ Gunuth, Iddo (June 3, 2015). "StoreDot Wants to Charge Your EV in 5 Minutes". IEEE Spectrum. Retrieved June 2, 2018.
  4. ↑ Orbach, Meir (May 23, 2018). "StoreDot Raising $400 Million for U.S. Factory, Says CEO". CTech by Calcalist. Retrieved June 2, 2018.
  5. ↑ "Daimler invests in Israeli fast battery charge co StoreDot - Globes". Globes. September 14, 2017. Retrieved June 2, 2018.
  6. ↑ Shaman, David (August 20, 2015). "Samsung, others wooed by 5-minute electric car recharge dream". The Times of Israel. Retrieved June 2, 2018.
  7. ↑ Barber, Lynsey (May 31, 2017). "These are the 100 most disruptive startups in the world (and a third are from the UK): Roman Abramovich-backed Storedot, AI chip maker Graphcore and cancer detection scientists at Grail top list". City A.M. Retrieved June 2, 2018.
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