Sparkz Inc is a U.S.-based battery technology company pioneering the production of affordable, domestically sourced cathode active materials (CAM) for lithium-ion batteries. Founded in 2019 by Dr. Sanjiv Malhotra, a seasoned energy sector leader, Sparkz focuses on advancing sustainable battery solutions that reduce reliance on imported materials while addressing global electrification demands. Its flagship technology, FeCAM™, enables the creation of nickel-free and cobalt-free lithium iron phosphate (LFP) batteries, offering enhanced safety, longevity, and cost efficiency.
The company operates a vertically integrated supply chain, designing and manufacturing battery components for automotive, commercial, and energy storage applications. With facilities in Livermore, California; Taylor County, West Virginia; and Sacramento, California, Sparkz is scaling domestic production to meet the growing need for clean energy infrastructure. Recent milestones, including a five-year, $280 million contract and a $9.8 million grant from the U.S. Department of Energy, underline the company’s momentum in transforming the battery industry.
Battery Technology
Sparkz’s core innovation lies in its FeCAM™, a proprietary cathode material designed for LFP batteries. This technology eliminates costly and scarce metals like nickel and cobalt, reducing raw material costs by approximately 40% compared to traditional lithium-ion chemistries. FeCAM™-based batteries boast a cycle life of up to 5,000, tripling the lifespan of conventional systems, while maintaining high safety due to LFP’s chemical stability.
The company’s vertically integrated approach integrates material science, manufacturing, and supply chain management, leveraging licensed technologies from Oak Ridge National Laboratory. By reengineering production in the U.S., Sparkz reduces dependence on foreign imports and supports domestic clean energy manufacturing. Its advanced processes align with DOE-funded initiatives, ensuring an environmentally conscious supply chain.
Recent Projects
Over the past year, Sparkz has accelerated its U.S. production capabilities and partnerships. In October 2024, it secured a $280 million contract with light mobility manufacturer Ryvid for battery components, solidifying its automotive sector presence. Additionally, the company opened a Sacramento facility focused on lithium battery material and cell production, supported by a $9.8 million DOE grant for domestic material manufacturing in West Virginia.
A new pilot plant in Livermore and a 2025 facility in Taylor County, West Virginia, will strengthen the production of LFP battery components. Sparkz also collaborated with the United Mine Workers of America to train displaced coal workers for roles in its West Virginia operations, reinforcing its commitment to workforce development. Collectively, these efforts aim to reach 10,000 tons of CAM production capacity by 2030, positioning the company as a key player in U.S. energy transition efforts.
Investors
Sparkz has attracted diverse funding from institutional and governmental entities. Venture capital backing includes Ulu Ventures, Monta Vista Capital, and Launch Tennessee, which contributed to a $17 million funding round in September 2024. The California Energy Commission supported early development through grants, including a $2.6 million BRIDGE grant in 2021 and an $11.2 million CalCompetes Grant in 2023.
Federal and state partnerships have been critical, such as the $9.8 million DOE grant for its West Virginia facility and a $12.9 million tax credit from the California Governor’s Office. These investments reflect confidence in Sparkz’s ability to scale domestic battery innovation while addressing supply chain and environmental challenges.
Business Details
Location: Livermore, California, USA
Website: https://sparkz.energy/
LinkedIn: https://www.linkedin.com/company/19187227
