LAVLE receives funding from Ocean Zero to boost battery tech innovation

LAVLE receives funding from Ocean Zero to boost battery tech innovation
LAVLE’s Proteus Energy Storage System

U.S.-based supplier and developer of battery technologies and energy storage systems (ESS) LAVLE has announced a round of funding from Ocean Zero, LLC. The investment will support LAVLE’s mission of enabling carbon reduction through its innovative, next generation technologies.

Founded by TED Curator Chris Anderson and science/finance journalist Stephen Petranek, Ocean Zero invests in tech-driven, innovative companies that can speed up the transition to fossil-free sea transportation.

“Ocean Zero is looking for innovative companies that can help catalyse the coming decarbonisation of marine transport,” Chris Anderson. “Batteries are a key component in this effort, and we are betting that LAVLE’s breakthrough technologies will advance this cause exponentially.”

The funding follows a successful year for LAVLE. In June, the company launched its flagship Proteus Lithium-Ion Battery Energy Storage System (Proteus ESS), designed to overcome the limitations of conventional lithium-ion storage technologies.

“Since inception, LAVLE has sought out partners who mirror our vision of a clean future that is enabled by safe and sustainable energy solutions,” said LAVLE CEO Dr. Jason Nye. “There aren’t two greater examples of this than Chris Anderson and Stephen Petranek, who built Ocean Zero on the same principles that continue to shape our efforts at LAVLE.”