{"id":14659,"date":"2024-03-25T14:18:24","date_gmt":"2024-03-25T14:18:24","guid":{"rendered":"http:\/\/TheNextWeb=1405040"},"modified":"2024-03-25T14:18:24","modified_gmt":"2024-03-25T14:18:24","slug":"european-startups-are-making-batteries-both-punchy-and-portable","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=14659","title":{"rendered":"European startups are making batteries both punchy \u2014 and portable"},"content":{"rendered":"\n

When engineers working for the Swiss Federal Railways (SBB) have some welding to do out on a section of track, they don\u2019t have to fire up a diesel generator anymore. They can plug their tools into a portable battery<\/a> instead. A silent, emissions-free battery that can also power lights and measuring instruments. <\/span><\/p>\n

The SBB now has around 80 batteries made by Instagrid, a fast-growing startup headquartered in Germany. Welding requires a significant burst of energy so the batteries have to come with a kick. <\/span><\/p>\n

\u201cThat is what we are specifically good at, the power density,\u201d asserts Andreas Sedlmayr, co-founder and CEO of the firm, which employs 150 people and has raised $145 million to date. The name of the company is short for \u201cinstant grid\u201d \u2014 which is what it\u2019s meant to feel like, says Sedlmayr. As though you\u2019ve brought access to the electricity grid with you, in a box.<\/span><\/p>\n

Finding the power bank sweet spot<\/h2>\n

Batteries are increasingly indispensable as homes and industries electrify in the transition away from fossil fuels. But batteries tend to be either small and weak or powerful and ginormous. A handful of startups<\/a> want to change that and find the sweet spot in the middle \u2014 power banks, they say, can be both punchy and portable. <\/span><\/p>\n

In January, Instagrid announced a Series C funding round totalling $95 million, and plans to expand into the North American market. \u201cWe\u2019re doubling every year \u2014 that\u2019s basically what we need to keep this growth,\u201d comments Sedlmayr of the investment, which he says will help Instagrid \u201cgo global.\u201d
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<\/i><\/a>Instagrid\u2019s portable power banks can be used for everything from construction work\u2026 Credit: Instagrid<\/figcaption>