Battery Power Online: BESSTECH Announces $250K Investment from
Eastern New York Angels
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BESSTECH LLC, a developer of components that improve lithium-ion battery performance and storage, has received a $250,000 investment from the Eastern New York Angels (ENYA) to accelerate commercialization of its technology and further build its workforce in New York State.
The investment by ENYA will enable BESSTECH to expand its manufacturing partnerships to further advance market introduction of its low-cost, high-performance silicon-based anodes for lithium-ion battery applications. These new capabilities will also allow BESSTECH to establish additional development programs with its customers to drive adoption and integration of its technology, which is exclusively licensed from SUNY Polytechnic Institute’s Colleges of Nanoscale Science and Engineering (CNSE).