Published on January 27th, 2014 | by Zachary Shahan3
Former US Secretary Of Energy Steven Chu Joins Amprius Board
One of the top energy storage startups we’re keeping an eye on these days is Amprius. The lithium-ion battery company, a Stanford University spinoff, recently landed $30 million in Series C funding. Adding former US Secretary of Energy Steven Chu to the board of directors is clearly another positive step forward. Here’s the full announcement regarding this addition to the Amprius board, received by email from Amprius:
SUNNYVALE, Calif. and NANJING, China – Dr. Steven Chu, a Nobel Laureate and the former Secretary of Energy, has joined the Board of Directors of Amprius, a leading manufacturer and developer of high energy and high capacity lithium-ion batteries.
“Higher-energy and longer-lasting batteries are in high demand for numerous applications, from consumer electronics to electric transportation,” said Dr. Chu. “Amprius has exciting technology and strong scientific and commercial leadership. I look forward to advising Amprius’ development of silicon-based anodes, advanced cathodes, and next-generation batteries.”
Amprius recently announced that it had received an additional $30M in funding. Amprius will use Series C funds for research into advanced technologies, development of next-generation batteries, and commercialization of high energy and high capacity solutions for customers worldwide.
“Amprius is currently sampling and selling high-energy density batteries,” said Amprius CEO Kang Sun. “We are delighted that former Energy Secretary Steven Chu is joining Amprius’ Board of Directors. Dr. Chu is a world-renowned scientist and leader whose ideas and experience will help Amprius accelerate the development of even higher-energy batteries.”
“Dr. Chu will bring incredible intellectual horsepower, vision, and experience to Amprius. I am thrilled to have him on board,” said Dr. Yi Cui, Amprius Co-Founder, Board Member, and Stanford University Professor.
Amprius is a leading manufacturer and developer of high energy and high capacity lithium-ion batteries. The company maintains an R&D lab and corporate headquarters in Sunnyvale, California and operates an R&D lab and state-of-the-art pilot production line for advanced battery development in Nanjing, China. Amprius’ investors include Trident Capital, VantagePoint Capital Partners, IPV Capital, Kleiner Perkins Caufield & Byers, Chinergy Capital, SAIF Partners, Google Chairman Dr. Eric Schmidt, and Stanford University.
About Dr. Steven Chu
Dr. Steven Chu is the William R. Kenan, Jr. Professor of Physics and Professor of Molecular and Cellular Physiology at Stanford University. From January 2009 until April 2013, he served as the U.S. Secretary of Energy. Before joining the Obama Administration, Dr. Chu was the Director of the Lawrence Berkeley National Laboratory (LBNL) and a Professor of Molecular and Cellular Biology at the University of California, Berkeley. Dr. Chu won the Nobel Prize in Physics in 1997, while he was the Theodore and Francis Geballe Professor of Physics and Applied Physics at Stanford University.