# Ateios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ateios

- Industry: Energy Storage & Batteries
- Headquarters: US
- Website: www.ateios.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Oct 15, 2020)
- Investors on record: 7

## About

Ateios Inc. is a US-based developer specializing in advanced battery manufacturing technologies, focusing on innovative processes that enhance production efficiency and reduce costs.Founded in 2018, Ateios Inc. is dedicated to revolutionizing battery manufacturing through advanced technologies. The company has not undergone any notable pivots or structural changes. Rajan Kumar serves as both the founder and CEO, leading the company's strategic direction. Ateios Inc. successfully raised USD 1.25 mn in Seed funding on October 15, 2020, with Good Growth Capital as the lead investor, supported by Elevate Ventures, HG Ventures, Impact Asset Management, Keshif Ventures, Techstars, and VisionTech Partners, bringing the total amount raised to USD 1.25 mn.Ateios Systems specializes in advanced battery manufacturing technologies, primarily through its innovative light-based curing processes. These processes significantly enhance production efficiency, achieving a tenfold increase in manufacturing speed while concurrently reducing processing costs by a factor of five. The company's core offerings include high-voltage Lithium Cobalt Oxide (HV LCO), Lithium Iron Phosphate (LFP), and Nickel Manganese Cobalt (NMC) RaiCore™ electrodes, designed to integrate seamlessly into existing assembly lines without solvents or perfluoroalkoxy alkane (PFA). Target markets include medical devices, Internet of Things (IoT) applications, mobility solutions, and military technology, showcasing a diverse client base across multiple regions.Ateios Systems operates on a B2B transaction model, providing its battery solutions directly to manufacturers in sectors such as medical, automotive, and military applications. The company engages in partnerships with these manufacturers to supply its proprietary RaiCore™ electrodes and other battery materials, ensuring a consistent flow of tailored products. Revenue generation is derived from bulk orders and long-term contracts, allowing clients to scale production capabilities effectively, with pricing structures aligned with the technological efficiencies offered by Ateios Systems’ curing processes.In October 2020, Ateios Inc. raised USD 1.25 mn in Seed funding, which will be utilized to scale its products and continue its growth. The company is planning to design and launch new battery products, although specific details and release dates are not available. Additionally, Ateios aims to expand its reach into new markets, focusing on sectors that demand advanced battery solutions. The recent funding will support these initiatives, enhancing production capacity and facilitating new partnerships.

## Funding rounds

- Seed, Oct 15, 2020, $1.3M — Impact Asset Management, Techstars, Elevate Ventures, Keshif Ventures, VisionTech Partners, Good Growth Capital, HG Ventures

## Investors

- Impact Asset Management — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Elevate Ventures (https://capitalatlas.ai/funds/elevate-ventures) — Seed
- Keshif Ventures (https://capitalatlas.ai/funds/keshif-ventures) — Seed
- VisionTech Partners (https://capitalatlas.ai/funds/visiontech-partners) — Seed
- Good Growth Capital (https://capitalatlas.ai/funds/good-growth-capital) — Seed
- HG Ventures (https://capitalatlas.ai/funds/hg-ventures) — Seed