Michigan battery spin-out Inmatech closes $1.5m seed round.
Inmatech, a spin-out of Michigan University developing battery technologies, has closed a $1.5m seed round led by SMS Investments.
The US-based company is developing super capacitors for batteries with increased performance, enabling greater energy delivery and storage.
Saemin Choi, CTO of Inmatech, said: “It will be a power-storage device that will help batteries in range, run time and cycle life. It will also give low-temperature performance.”