TeraWatt Technology K.K.
As of March 2024
City | Year of Establishment | Founder |
---|---|---|
Yokohama | 2019 | Ken Ogata |
Partner VC | Latest round of Fundraising | Valuation |
---|---|---|
Khosla Ventures LLC | Pre-C | Non-Disclosure |
- Website : TeraWatt Technology K.K.
Program name
Deep-Tech Startups Support Program
Research theme
Mass production verification of ultra-high energy and ultra-high power density lithium-ion batteries
Business Plan
In the pursuit of realizing a sustainable society, 'decarbonization' has garnered unprecedented attention in human history, with global decarbonization strategies accelerating. Electrification, particularly of various devices, serves as a primary driver of 'decarbonization.' Supporting this effort is the lithium-ion battery industry, particularly the next-generation lithium-ion batteries, which have garnered significant global attention. By 2030, the global production scale of lithium-ion batteries is projected to reach approximately 3,000 GWh, with a market size of around ¥40 trillion. TeraWatt Technology is committed to the mission of 'Electrifying Everything for a Sustainable Society.' We are dedicated to developing next-generation lithium-ion batteries that are significantly lighter, smaller, more powerful, and safer than existing ones, with the aim of commercializing these innovations.
Research Outline
We aim to establish a large-scale pilot facility for the pilot production and mass verification of next-generation lithium-ion secondary batteries, capable of high energy density, high power density, and enhanced safety, slated for market entry post-2025. Our objective is to deploy these batteries not only in existing applications such as next-generation electric vehicles and drones but also in new applications like eVTOL (electric vertical takeoff and landing aircraft).
At the large-scale pilot facility, we will conduct validation activities to establish production equipment and process technologies that meet customers' desired performance quality. The following developments will be pursued:
Research and Development Project 1: Verification of production technology and performance reproducibility for three cell capacities.
Research and Development Project 2: Verification of productivity KPIs for single-line production.
Phase | Business Area/Field | Research Period | Research Grant Amount |
---|---|---|---|
DMP | Energy & Infrastructure | 2023-2025 | JPY2,499 millon |
International collaborative technology demonstration
Countries/Regions | Collaborative activity outline |
---|---|
Japan, United States, Europe, Asia |
Last Updated : June 6, 2024