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StoreDot

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StoreDot Ltd.
IndustryEnergy Industry
Founded2012; 12 years ago (2012)
Headquarters,
Key people
Doron Myersdorf, Simon Litsyn, Gil Rosenman (founders)
Websitewww.store-dot.com

StoreDot is an Israeli lithium-ion battery company based in Herzliya. The company develops batteries that, according to them, charge significantly faster than conventional li-ion batteries.

History

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

In 2014, StoreDot introduced the prototype of a mobile phone battery that fully charged in 30 seconds.[3]

In September 2017, Daimler and Samsung were part of a $60 million investment round in StoreDot.[4]

In June 2018, BP invested $20 million in StoreDot while the startup was still planning to launch its first product the following year, targeting the mobile phone and other consumer electronics markets.[5]

In December 2018, StoreDot entered in mass production mode of its FlashBattery for consumer electronics with the Chinese manufacturer EVE Energy Co.[6]

Description

StoreDot is an Israeli startup claiming to offer a new, highly-efficient battery technology. According to their founders, Storedot allows an electric car to charge in 5 minutes.[5] In February 2019, this time was readjusted to "5 to 10 minutes".[7]

StoreDot lists BP Ventures, Daimler and Roman Abramovich as some of its investors.[1] StoreDot was BP's first investment in an Israeli company.[2] By February 2019, StoreDot had raised a total of $158 million from investors.[7]

Prizes

  • 2017: Most disruptive company in the world by Disrupt100.[8]

References

  1. ^ a b Ben Gedalyahu, Dubi (May 22, 2018). "BP invests $20m in Israeli fast-battery co StoreDot". Globes. Retrieved June 2, 2018.
  2. ^ a b 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. ^ Marc Zaffagni (10 April 2014). "StoreDot : 30 secondes pour recharger la batterie d'un smartphone". Futura-sciences.com (in French). Retrieved 23 April 2019.
  4. ^ Michaël Torregrossa (16 September 2017). "Batteries à charge ultra-rapide  : Daimler investit dans StoreDot". Automobile-propre.com (in French). Retrieved 23 April 2019.
  5. ^ a b "The secrets of the StoreDot battery that wowed BP". Energystoragereport.info. 13 June 2018. Retrieved 23 April 2018.
  6. ^ "StoreDot enters Mass Production of its Super-fast Batteries". Techtime.news. 2 December 2018. Retrieved 23 April 2019.
  7. ^ a b Adi pick (24 February 2019). "Soon You Will be Able to Charge Your Car in Under 10 Minutes, Storedot COO Says". Calcalistech.com. Retrieved 23 April 2019.
  8. ^ 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.