Energy Revolution Ventures
Assembly Line
Anthro Raises $7.2M in Seed Funding to Shape the Future of Energy Storage
Anthro Energy, Inc., an advanced battery technology company, today announced the closing of an oversubscribed $7.2M seed round. Union Square Ventures and Energy Revolution Ventures co-led the financing, with participation from Voyager Ventures, Emerson Collective, Nor’Easter Ventures, Ultratech Capital Partners, and the Stanford President’s Venture Fund. The capital will accelerate the commercialization of Anthro’s core battery technology platform for applications ranging from wearables to mobility and beyond.
Anthro currently utilizes its core polymer technology in its line of flexible battery products. These flexible batteries can be integrated into ‘dead space’ of devices such as straps, bands, and substrates to create 2-5 fold improvements in run time and functionality. The initial markets for flexible batteries include wearables and medical devices, where today’s batteries throttle device performance and create bulky, uncomfortable experiences for the user. Anthro is currently providing prototypes to several partners developing a wide range of wearable products.