Cuberg, Inc.

Cuberg, Inc. is a US-based company dedicated to the innovation of lithium-metal battery technology for high-performance electric mobility applications, enhancing the efficiency and range of electric vehicles and aviation solutions. Founded in 2015 in Emeryville, US, Cuberg specializes in lithium-metal battery technology. The company was founded by Adi Frengkiyansah, who has a history of entrepreneurship in the energy sector.

In 2021, Cuberg received a Grant of USD 0. 230 mn from The National Science Foundation, contributing to a total funding raised of USD 0. 900 mn. The most recent funding round occurred on March 10, 2021, and Cuberg has completed five deals to date.

Cuberg develops advanced lithium-metal battery technology tailored for high-performance electric mobility. Their offerings include lithium-metal cells, modules, and integrated battery systems that utilize a lithium metal anode and proprietary liquid electrolyte, directly addressing challenges in battery performance and manufacturability. These products are marketed to sectors like electric aviation and mobility, predominantly in North America and Europe, facilitating a transition to more efficient power solutions. Cuberg's revenue originates from B2B transactions, primarily through partnerships with manufacturers and developers in the electric mobility and aviation sectors.

They engage in direct sales of lithium-metal battery systems, fulfilling contractual agreements that often involve bulk orders. Their products provide advantages over traditional lithium-ion batteries, appealing to clients seeking to improve efficiency and range in electric flight solutions, with pricing tailored to meet specific client needs and order sizes. Cuberg is focused on expanding its product line with next-generation battery solutions aimed at enhancing efficiency for electric mobility applications. The company plans to enter new markets in Asia and Europe by the end of 2023, leveraging its recent funding to support these initiatives.

The Grant received in 2021 will be utilized to further develop their technology and facilitate market entry, following their acquisition by Northvolt AB in October 2020.