Group1

Founded in 2021 in Austin, Texas, Group1.ai develops sustainable potassium-ion batteries using their Kristonite™ cathode. Originating from Prof. Goodenough’s lab, their KIBs offer fast charging and enhanced safety without critical minerals, ideal for heavy-duty and storage applications.

Company Location

Country:

United States

City:

Austin, Texas

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Company Overview

Group1.ai is a materials engineering company founded in 2021 in Austin, Texas, emerging from Professor John B. Goodenough’s laboratory. Under CEO Alexander L. Girau, CSO Yakov Kutsovsky, and CPO Leigang Xue, it develops sustainable Potassium-ion battery solutions that eliminate reliance on critical minerals like nickel, cobalt, copper, and lithium.

Battery Technology

Group1.ai’s core technology is Kristonite™, a 4V Potassium Prussian White cathode material for Potassium-ion batteries. It enables fast charging, enhanced safety, and seamless integration with existing lithium-ion manufacturing infrastructure. The company developed the world’s first 18650-format Potassium-ion cells using commercial graphite anodes, separators, and electrolytes, achieving excellent cycle life and discharge performance.

Products

18650-format Potassium-ion battery featuring a 4V Kristonite™ cathode, superior charging speeds, enhanced safety, compatibility with standard 18650 production lines, and optimized for heavy-duty vehicles and stationary storage.

Recent Projects

2024: Introduced 18650 Potassium-ion battery and delivered sample batches to major OEMs and cell manufacturers. 2023: Secured exclusive license agreement with Sharp Corporation for Potassium-based cathode patents.

Investors

The company has raised $7.5M to date, including $250k in 2023 from Discovery to Impact at The University of Texas at Austin’s Seed Fund. Additional investors include Steel Atlas and Impatient Capital, with potential involvement from Hayman Capital.

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