"Enevate Corporation, a technology leader in Lithium-ion (Li-ion) batteries, announces they have secured $30M in extended Series-B funding. The funding was led by Mike Lazaridis at Infinite Potential Technologies, Tsing Capital and Mission Ventures with participation by Presidio Ventures – a Sumitomo Corporation company."

Enevate expects high energy density:

energy density of up to 300 Wh/kg

volumetric energy density up to and exceeding 1000 Wh/L

"Headquartered in Irvine, California, Enevate has developed advanced Li-ion batteries based on new materials and cell designs with significantly higher volumetric and gravimetric energy density in thinner and lighter form factors. Enevate's novel HD-Energy Technology utilizes silicon-dominant composite anodes for rechargeable Li-ion polymer batteries which dramatically increases energy density by 25-50% over conventional graphite anode cells – giving over a decade of technology advancement as compared to the current rate of improvement of Li-ion technology. Enevate's new batteries enable smartphones, tablets, ultra-thin notebook PCs, and drones with longer runtimes in less space and weight."