ADVANO’s core technology uses silicon anode materials to increase Li-ion battery energy density. Their proprietary REALSi™ technology integrates engineered silicon active materials into existing battery designs as a drop-in solution. It addresses silicon anode challenges like mechanical stress and electrode degradation by using a porous, conductive architecture for better cycle stability and faster charging. Metallurgical-grade silicon is used for cost-effectiveness and sustainability, avoiding hazardous materials. The solution is scalable and compatible with established manufacturing processes.
ADVANO’s product is the REALSi™ silicon anode material designed to enhance Li-ion battery performance with higher energy density, cycle stability, and faster charging, all while being a drop-in replacement for existing anode materials.
ADVANO commissioned an industrial pilot plant in New Orleans East in 2024 to scale production of REALSi™ silicon anode materials. The plant features commercial-grade equipment and is located near NASA’s Michoud Assembly Center to support a domestic advanced battery materials supply chain. The company aims to deliver 3,000 tons of REALSi™ by 2026 and scale to 20,000 tons by 2030. Leadership enhancements include adding industry veterans Jim Stonecipher as COO and Dr. Sung H. Lim as CTO to scale production.
ADVANO’s Series A funding was co-led by Mitsui Kinzoku SBI Material Innovation Fund, Tony Fadell’s Future Shape, and PeopleFund. Other investors include Peter Thiel’s Thiel Capital, DCVC, and Y Combinator. The company also raised $20.8M in debt financing to support growth and commercialization.