Fresh spin-out from Tel Aviv offers a full phone charge in 30 seconds.
Israel-based bio-organic nanotechnology company StoreDot has released a prototype charger that can re-energize a phone battery in 30 seconds.
The technology was based on research for Alzheimer’s disease at the nanotechnology department of Israel’s Tel Aviv University.
In August, StoreDot raised $6m from several strategic and private investors, reportedly including South Korea-based conglomerate Samsung.
In 2003 professor Ehud Gazit and his team at Tel Aviv University conducted research which showed nano-structures associated with Alzheimer’s disease that when further developed by professor Gil Rosenman, one of StoreDot’s cofounders alongside CEO Doron Myersdorf and Simon Litsyn, led to the development of StoreDot’s technology.
StoreDot told news provider TechCrunch it still needed about another $20m to further develop the prototype and set up a manufacturing facility.
