Temasek Holdings
Temasek Holdings, established in 1974 and based in Singapore, is an investment company managing a diversified portfolio valued at approximately S$242 billion. The firm actively invests across various sectors, including telecommunications, media and technology, financial services, transportation, consumer products, real estate, life sciences, and energy. Temasek focuses on long-term investment themes such as transforming economies, growing middle-income populations, deepening comparative advantages, and supporting emerging champions. Its investment strategy encompasses a combination of liquid assets, listed and unlisted equities, and private equity opportunities, with a notable emphasis on mid-stage technology and life sciences investments through its private equity arm, Temasek Capital Management. Furthermore, Temasek aims to be the preferred investor for companies in Singapore and internationally, reflecting its commitment to global investment opportunities.
Amogy is a start-up, located in Brooklyn, New York and is working on a novel carbon-free energy storage system using ammonia as a fuel.
Zenlabs has developed proprietary silicon-based formulations that offer higher specific capacity, longer cycle life, and lower cost. Zenlabs' anodes are unique in their high loading level and high active silicon content. In addition, Zenlabs has solved the common problems with silicon based anodes such as poor cycling and swelling. Zenlabs combines these high capacity anodes with high capacity cathode materials in large format pouch cells to achieve energy densities that are much higher than what is commercially available.
TeraWatt Technology Inc., founded in 2017 and headquartered in Santa Clara, California, with a subsidiary in Tokyo, Japan, specializes in the design and development of lithium-ion rechargeable batteries. The company's focus is on creating batteries that combine high energy density, power density, and safety, catering to various electrified applications. By leveraging advanced engineering and production techniques, TeraWatt Technology aims to provide industrial clients with long-lasting, safe, and reliable power solutions, thereby enhancing the performance of their electrified systems.
SolidEnergy Systems Corp. specializes in the development and manufacturing of rechargeable lithium metal batteries, targeting applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and located in Woburn, Massachusetts, the company operates at a pilot scale to produce rechargeable cells for prototype demonstrations and niche aerospace markets. SolidEnergy's core innovation lies in the materials it provides, specifically anodes and electrolytes, which are designed for integration with existing lithium-ion cell manufacturing processes. This compatibility enables the company to scale its production without the need for significant investment in new infrastructure. By supplying these materials to major lithium-ion cell manufacturers, SolidEnergy facilitates the creation of customized battery solutions for a variety of applications, positioning itself for growth in the mainstream consumer electronics and electric vehicle markets.
Founded in 2013, Hydrogenious Technoloiges is a spin-off of the University of Erlangen-Nuremberg by its CEO Dr. Daniel Teichmann and the three co-founders Prof. Wolfgang Arlt, Prof. Peter Wasserscheid and Prof. Eberhardt Schlücker. The need for safe and efficient hydrogen storage for multi-MWh energy storage systems and safe and reliable hydrogen storage for hydrogen refuelling stations and fuel cell mobility was imminent – and Liquid Organic Hydrogen Carriers (LOHC) proved to be the solution. Having completed the technological proof of concept at the university’s laboratories, the idea became reality and Hydrogenious Technologies, a global pioneer in LOHC based energy storage, was born. With the University of Erlangen-Nuremberg becoming a shareholder in May 2014 and the successful close of a Series A funding round in July 2014 with Anglo American Platinum as investor, Hydrogenious Technologies is now backed with strong scientific, strategic and financial capacities to revolutionize large-scale energy and hydrogen storage.
Form Energy, Inc. specializes in developing long-duration energy storage systems aimed at facilitating the transition from fossil fuels to renewable energy sources. The company focuses on creating low-cost battery solutions capable of storing electricity generated from wind and solar power for extended periods, thereby enhancing the reliability of the electric grid. Its core technology, which includes an innovative iron-air battery, allows for energy dispatch over multiple days, significantly improving the viability of renewable energy as a consistent power source. Founded in 2017 and headquartered in Somerville, Massachusetts, Form Energy also offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. The company's mission revolves around enabling deep decarbonization of the electric system, ultimately contributing to a more sustainable energy future. Form Energy has garnered support from various investors, including Breakthrough Energy Ventures and MIT’s The Engine.
SolidEnergy Systems Corp. specializes in the development and manufacturing of rechargeable lithium metal batteries, targeting applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and located in Woburn, Massachusetts, the company operates at a pilot scale to produce rechargeable cells for prototype demonstrations and niche aerospace markets. SolidEnergy's core innovation lies in the materials it provides, specifically anodes and electrolytes, which are designed for integration with existing lithium-ion cell manufacturing processes. This compatibility enables the company to scale its production without the need for significant investment in new infrastructure. By supplying these materials to major lithium-ion cell manufacturers, SolidEnergy facilitates the creation of customized battery solutions for a variety of applications, positioning itself for growth in the mainstream consumer electronics and electric vehicle markets.
Form Energy, Inc. specializes in developing long-duration energy storage systems aimed at facilitating the transition from fossil fuels to renewable energy sources. The company focuses on creating low-cost battery solutions capable of storing electricity generated from wind and solar power for extended periods, thereby enhancing the reliability of the electric grid. Its core technology, which includes an innovative iron-air battery, allows for energy dispatch over multiple days, significantly improving the viability of renewable energy as a consistent power source. Founded in 2017 and headquartered in Somerville, Massachusetts, Form Energy also offers Formware, a software tool designed for capacity expansion with advanced optimization capabilities. The company's mission revolves around enabling deep decarbonization of the electric system, ultimately contributing to a more sustainable energy future. Form Energy has garnered support from various investors, including Breakthrough Energy Ventures and MIT’s The Engine.
Private Equity Round in 2018
Cypress Creek Renewables is a leading American company specializing in local solar energy solutions. The firm employs a data-driven strategy to identify and acquire underutilized land for the development of solar farms, typically ranging from 2 to 20 megawatts. Notably, Cypress owns the largest solar farm east of the Mississippi River. The company partners with landowners, utility providers, and local vendors to develop, finance, and operate both utility-scale and distributed solar projects. In addition to generating renewable energy, Cypress offers asset management, fleet ownership, and maintenance services for its own and third-party solar and storage assets. By selling the electricity produced by its solar farms back to local communities at competitive rates, Cypress Creek Renewables ensures widespread access to clean and affordable energy.
Stem, Inc. specializes in energy storage solutions and software designed to help businesses manage their energy costs effectively. Founded in 2009 and based in Millbrae, California, the company offers a software platform called Athena, which leverages big data and machine learning to optimize energy usage. Stem's services include a subscription model that provides automated savings, risk protection, and solar energy storage solutions, all without requiring significant operational changes from clients. The company also implements distributed battery systems in commercial and industrial facilities, analyzing electricity usage patterns to protect businesses from excessive costs. Through its innovative approach, Stem aims to enhance energy efficiency while contributing positively to the energy grid.
SolidEnergy Systems Corp. specializes in the development and manufacturing of rechargeable lithium metal batteries, targeting applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and located in Woburn, Massachusetts, the company operates at a pilot scale to produce rechargeable cells for prototype demonstrations and niche aerospace markets. SolidEnergy's core innovation lies in the materials it provides, specifically anodes and electrolytes, which are designed for integration with existing lithium-ion cell manufacturing processes. This compatibility enables the company to scale its production without the need for significant investment in new infrastructure. By supplying these materials to major lithium-ion cell manufacturers, SolidEnergy facilitates the creation of customized battery solutions for a variety of applications, positioning itself for growth in the mainstream consumer electronics and electric vehicle markets.
Cypress Creek Renewables is a leading American company specializing in local solar energy solutions. The firm employs a data-driven strategy to identify and acquire underutilized land for the development of solar farms, typically ranging from 2 to 20 megawatts. Notably, Cypress owns the largest solar farm east of the Mississippi River. The company partners with landowners, utility providers, and local vendors to develop, finance, and operate both utility-scale and distributed solar projects. In addition to generating renewable energy, Cypress offers asset management, fleet ownership, and maintenance services for its own and third-party solar and storage assets. By selling the electricity produced by its solar farms back to local communities at competitive rates, Cypress Creek Renewables ensures widespread access to clean and affordable energy.
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