# Anthro Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anthro-energy

- Industry: Energy Storage & Batteries
- Headquarters: Palo Alto, US
- Website: www.anthroenergy.com
- Total disclosed funding: $28M
- Latest round: Series A (Feb 29, 2024)
- Investors on record: 10

## About

Based in California, US, and founded in 2021, Anthro Energy, Inc. provides  flexible battery products. The company spun out of Stanford University. In September 2022, Anthro Energy raised USD 7.75 million in seed funding co-led by new investors Energy Revolution Ventures and Union Square Ventures, with participation from other new investors Nor’easter Ventures, LLC, Stanford University, Ultratech Capital Partners and Voyager Ventures. The Seed funding valued Anthro Energy at USD 22.55 million post-money. The company is led by founder and CEO,  Dr. David Mackanic. 

Anthro Energy offers flexible batteries that can be integrated into wearable electronics, medical devices, AR/VR bands, smart packing , structures, transportation and more. The company also offers cell terminal connections design and packaging services and cell qualification and in-product testing services. Anthro proprietary AdhesION™ Technology is a new class of polymer electrolyte that enable 2-5x improvements in device lifetime. 

The company plans to use the 2022 funding to accelerate the commercialization of its core battery technology platform for applications ranging from wearables to mobility and more.

## Funding rounds

- Series A, Feb 29, 2024, $20M — Union Square Ventures, Collaborative Fund, Emerson Collective, Ultratech Capital Partners, Voyager Ventures, Energy Revolution Ventures, Nor'easter Ventures, Overlap Holdings
- Seed, Sep 14, 2022, $7.8M — Union Square Ventures, Stanford University, Ultratech Capital Partners, Voyager Ventures, Energy Revolution Ventures, Nor’easter Ventures, LLC

## Investors

- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed, Series A
- Stanford University — Seed
- Ultratech Capital Partners (https://capitalatlas.ai/funds/ultratech-capital-partners) — Seed, Series A
- Voyager Ventures — Seed, Series A
- Energy Revolution Ventures (https://capitalatlas.ai/funds/energy-revolution-ventures) — Seed, Series A
- Nor’easter Ventures, LLC — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A
- Emerson Collective — Series A
- Nor'easter Ventures (https://capitalatlas.ai/funds/nor-easter-ventures) — Series A
- Overlap Holdings (https://capitalatlas.ai/funds/overlap-holdings) — Series A