Samsung Venture Investment Corporation

Samsung Venture Investment Corporation is the corporate venture arm of Samsung Electronics, founded in 1999 and based in Seoul. It maintains a global presence with activity in innovation hubs such as the San Francisco Bay Area, Boston, London, Tel Aviv, Bangalore, Tokyo, and Beijing, and it backs emerging technology startups across Europe, Asia, and North America. The firm sources and invests in technology companies at multiple stages, from early-stage to pre-IPO, focusing on areas including semiconductors, materials, mobile services, internet, software, security, and enterprise solutions, as well as bioengineering and medical tech. Its investment approach targets companies developing AI, robotics, augmented and virtual reality, cybersecurity, 5G, next generation displays, battery technology, digital health, and insurtech, among others, to support shaping future technologies.

Robert Ashcraft

Investment Director

Jaeseok Cha

Investment Director

Russ Chaney

Principal

Myungseok Choi

Investment Director

Jay Chong

Vice President

Past deals in Energy Storage

Nanoramic Laboratories

Venture Round in 2024
Founded in 2008, Nanoramic Laboratories specializes in developing and manufacturing advanced energy storage solutions. The company designs, manufactures, and licenses Neocarbonix electrodes for rechargeable Li-ion batteries, FastCAP ultracapacitors, and Thermexit thermal interface gap filler pads. Its products are designed to operate under extreme conditions, with applications in electric vehicles, consumer electronics, and industrial sectors.

Princeton NuEnergy

Series A in 2024
Princeton NuEnergy is a startup specializing in recycling lithium-ion batteries from electric vehicles and consumer electronics. Utilizing its patented Direct Battery Recycling technology, the company recovers high-quality cathode active materials from spent batteries at low operating costs. This process enables Princeton NuEnergy to offer sustainable solutions for energy storage systems and contribute to waste reduction in the electronics industry.

INERATEC

Series B in 2024
INERATEC develops sustainable fuels and power-to-X plants to replace fossil fuels with carbon-neutral alternatives. The company focuses on renewable e-fuels and synthetic chemical products that enable transportation and industrial processes to run on climate-friendly energy. It produces renewable hydrogen and other greenhouse gases, which are transformed into products such as e-kerosene, carbon dioxide-neutral diesel, synthetic waxes, and methanol, allowing chemical plants to operate using synthetic fuels with climate-neutral energy, reduced chemical waste, and enhanced climate protection.

Ionomr Innovations

Series A in 2023
Ionomr Innovations designs and manufactures advanced ion-exchange membranes and polymers for clean tech applications. Founded in 2013, the company pioneers environmentally friendly materials to replace toxic fluorinated chemicals in electrochemical systems, enabling more efficient and sustainable solutions for water treatment, energy storage, hydrogen production, and chemical remediation.

Verdagy

Series B in 2023
Verdagy specializes in innovative water electrolysis technology for large-scale green hydrogen production. Based in Moss Landing, California, the company operates laboratory and pilot plant facilities to advance its technology platform, aiming to achieve low upfront capital costs and competitive unit economics.

Svante

Series E in 2022
Svante Inc., founded in 2007 and based in Burnaby, Canada, specializes in carbon capture solutions. It offers VeloxoTherm, a post-combustion CO2 capture process using adsorbent structures, designed to reduce capital and operating costs for fossil fuel power plants.

Starfire Energy

Series B in 2022
Starfire Energy is a company focused on developing and deploying sustainable energy technologies, specializing in the production of carbon-free ammonia. Founded in 2007 and headquartered in Aurora, Colorado, Starfire Energy has created modular systems that synthesize ammonia from renewable energy sources, specifically wind and solar power. These modular plants are built in shipping containers that are pre-wired and pre-plumbed, facilitating easy on-site installation. The ammonia produced is not only used as a fertilizer and refrigerant but also serves as an energy-dense liquid fuel. By utilizing renewable energy, air, and water as inputs, Starfire Energy aims to meet the growing demands for energy storage and transportation while contributing to carbon-free industrial processes.

Raven

Venture Round in 2022
Raven is a producer of green hydrogen and synthetic fuels using organic waste. They transform waste destined for landfills into environmentally friendly, efficient, and profitable clean hydrogen and Fischer-Tropsch synthetic fuels with our patented Steam/CO2 Reformer technology. Raven was in 2018 and is based in Pinedale, Wyoming.

Solid Power

Series A in 2020
Founded in 2011, Solid Power develops solid-state rechargeable batteries for electric vehicles and portable electronics. Its batteries contain no volatile or flammable liquid components, offering high energy density, ultimate safety, and reliability.

Pmgrow

Venture Round in 2019
Pmgrow is a green energy company focused on battery-swapping technology for electric buses, complemented by electric vehicle charging infrastructure, energy storage systems, and related IT management platforms. The company develops, designs, supplies, and markets battery-swapping solutions to enable bus fleets with minimal downtime and unlimited mileage, while also offering EV membership services and an IT-based platform to support deployment, operation, and optimization of sustainable energy technologies, aiming to create a cleaner environment and a greener society.

Solid Power

Series A in 2018
Founded in 2011, Solid Power develops solid-state rechargeable batteries for electric vehicles and portable electronics. Its batteries contain no volatile or flammable liquid components, offering high energy density, ultimate safety, and reliability.

Sila

Series D in 2018
Sila is a battery materials company founded in 2011 and headquartered in California, United States. It specializes in the production of energy-density lithium-ion batteries designed for electric vehicles, consumer electronics, and automotive original equipment manufacturers (OEMs). Sila focuses on enhancing energy storage solutions by developing supercharged battery materials that improve performance and longevity. Its products aim to facilitate the mass adoption of affordable, long-range electric vehicles while maintaining high standards of quality control, safety, and cycle life. By collaborating with battery manufacturers, Sila supports commercial cell production, driving innovation and efficiency in the battery technology sector.

StoreDot

Series C in 2017
StoreDot is an Israeli battery technology company specializing in extreme fast charging for electric vehicles and mobile devices. It develops and commercializes battery technologies that combine nano-structural materials with organic and inorganic compounds and proprietary electrolytes, with artificial intelligence to optimize performance and charging dynamics. The company aims to deliver faster charging, higher energy density, and safer operation by replacing conventional materials with advanced designs inspired by nature. Founded in 2012 and headquartered in Ramat-Gan, StoreDot positions itself as a materials and device innovator striving to accelerate the adoption of electrified transport and consumer devices through XFC capabilities.

Enevate

Series C in 2017
Enevate Corporation is an innovative company specializing in the development of advanced silicon-dominant lithium-ion batteries, particularly for electric vehicles (EVs). Founded in 2005 and headquartered in Irvine, California, Enevate aims to revolutionize EV charging by enabling ultrafast charging capabilities comparable to traditional gas refueling. The company's proprietary HD-Energy and XFC-Energy technologies provide significant advantages, including high energy density, low-temperature performance, and enhanced safety. With a robust portfolio of over 250 patents, Enevate's products are designed for compatibility with a variety of devices, from smartphones to drones and electric vehicles. The company is committed to accelerating the mass adoption of electric vehicles by addressing key challenges in battery performance and charging efficiency.

StoreDot

Series B in 2015
StoreDot is an Israeli battery technology company specializing in extreme fast charging for electric vehicles and mobile devices. It develops and commercializes battery technologies that combine nano-structural materials with organic and inorganic compounds and proprietary electrolytes, with artificial intelligence to optimize performance and charging dynamics. The company aims to deliver faster charging, higher energy density, and safer operation by replacing conventional materials with advanced designs inspired by nature. Founded in 2012 and headquartered in Ramat-Gan, StoreDot positions itself as a materials and device innovator striving to accelerate the adoption of electrified transport and consumer devices through XFC capabilities.

Seeo

Series E in 2014
Founded in 2007, Seeo develops and manufactures rechargeable lithium-ion batteries using a nano-structured polymer electrolyte. These entirely solid-state batteries are designed to be safe, lightweight, and durable, serving markets such as transportation, electric grid, and telecommunication backup.

XG Sciences

Venture Round in 2014
XG Sciences, Inc. is a manufacturer of graphene nanoplatelets based in Lansing, Michigan. The company produces and sells its xGnP brand of graphene nanoplatelets, which are specialized carbon nanoparticles available in various sizes and thicknesses. These materials are utilized in a wide range of applications, including automotive, aerospace, medical, electronics, and energy storage. XG Sciences offers bulk materials for use in polymeric and metallic composites, coatings, and concrete additives, as well as formulated dispersions for conductive applications in printing and coating. Additionally, the company develops energy storage materials for lithium-ion and lead-carbon batteries and provides thermal management solutions, including thermal interface materials. Founded in 2006, XG Sciences operates a manufacturing plant with significant production capacity and collaborates with various research organizations, commercial entities, and development partners globally.

StoreDot

Series A in 2013
StoreDot is an Israeli battery technology company specializing in extreme fast charging for electric vehicles and mobile devices. It develops and commercializes battery technologies that combine nano-structural materials with organic and inorganic compounds and proprietary electrolytes, with artificial intelligence to optimize performance and charging dynamics. The company aims to deliver faster charging, higher energy density, and safer operation by replacing conventional materials with advanced designs inspired by nature. Founded in 2012 and headquartered in Ramat-Gan, StoreDot positions itself as a materials and device innovator striving to accelerate the adoption of electrified transport and consumer devices through XFC capabilities.
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