Graphene Energy raises $500,000 for ultracapacitor storage

Graphene Energy, an Austin, Tex. startup based on technology from the University of Texas and Virginia’s College of William and Mary, has taken a $500,000 seed round from Quercus Trust and 21Ventures.

Ultracapacitors (insulating layers between conductors that house electric fields) are being explored by a variety of startups for their energy storage, usually as a component accompanying batteries in electric cars. Graphene is seeking to improve the technology by improving capacitance, or the amount of… Continue Reading