Chemix, Inc.

Today marks a significant milestone as we announce the closing of our $20 million Series A funding. This funding will allow us to scale global operations to meet the growing demand for EV batteries and accelerate our cutting-edge GenAI and battery development roadmap. From day one, we adopted an AI-first, data-first approach and created our own battery lab. In less than three years, our team has curated a vast amount of data through extensive physical experimentation to fully leverage cutting-edge GenAI. This AI flywheel that combines GenAI + highly automated experimentation + high volume and quality proprietary data will continuously allow us to rapidly discover and optimize novel material formulations and battery configurations tailored for diverse EV verticals. We’re grateful to share our mission with a remarkable team of investors, including Ursheet P., Jeff Peters, PhD, Jake Simon, Gabriel Alvarado, Yann Lagalaye, Olivier Warnan, Matthieu Soulé, Brian Flucht, Tomonori Nishina Thank you to Michelle Ma via Bloomberg for sharing our news today. https://bit.ly/44hPZUO The full press release with more details about the funding announcement is available here - https://lnkd.in/gha8psuY #GenAI #EV #Battery #Funding CC: Mayfield Fund, Ibex Investors, Porsche Ventures, BNP PARIBAS SOLAR IMPULSE VENTURE FUND, KDDI Corporation, Berkeley SkyDeck, Urban Innovation Fund, Radical Ventures, Wilson Sonsini Goodrich & Rosati

AI is transforming different industries in different ways. Applying AI in applications which involve interfacing directly with hardware and the physical world have very specific requirements not available in off-the-shelf AI tools. It was fun to discuss Chemix and our AI-powered battery cell development with Dr. Veronika Wright (Obersteiner) on her new podcast!

Congratulations to John Hopfield and Geoffrey Hinton for winning the Nobel Prize in Physics for their groundbreaking work on artificial neural networks, and to David Baker, Demis Hassabis, and John Jumper for winning the Nobel Prize in Chemistry for their pioneering use of AI and deep learning in protein structure creation and prediction! At Chemix, we are truly inspired by advancements using AI like these being celebrated this week and deeply motivated to continue applying the same principles in pushing the boundaries of AI to innovate in the energy storage market. We are excited to both witness and help ???????????? the future, where AI’s true potential transforms energy storage and drives forward climate breakthroughs.

It has been a busy summer for Chemix, and we have some exciting updates to share! We’ve recently moved to a 20,000 sq. ft. facility in Sunnyvale, CA to support our growing operations (see below). We’re also excited to welcome the following talented individuals to our team: Thomas Schumann joins Chemix as a Director of Intelligent Hardware Engineering with 35+ years of experience. He’s developed solutions for battery management systems for automotive EV and residential battery storage markets. He has collaborated with major European OEM automakers to advance the state-of-the-art battery management systems in the EV market. Anirudh Suresh, Ph.D. joins Chemix as a Machine Learning Engineer focused on building and deploying our AI models. He has extensive experience in deep learning and optimization algorithms and has previously worked on applications in materials science. Da Yang Ph.D. joins Chemix as a Senior Software Engineer. He has a Ph.D. in computational physics and a comprehensive technical background, with extensive experience developing software for systems that interface with the physical world. Alan Kuo joins Chemix as a Research Engineer with a background in autonomous battery data collection, failure analysis, chemical engineering and materials science. He has degrees from Georgia Tech and UC Berkeley. Yifan Ma Ph.D. joins Chemix as a Battery Scientist with 8+ years of R&D experience in energy storage materials and electrochemistry. She holds a Ph.D. with a focus on improving rechargeable battery performance and sustainability and a master's degree in Computer Science and Engineering. Chemix continues to drive vertically integrated innovation to “AI-fy” the energy storage industry. Stay tuned for more updates soon!

Today, Chemix welcomes Anirban D., Ph.D., as our Vice President of Quality and Industrialization! Anirban brings over 20 years of extensive experience in manufacturing, product development, quality, and supplier engineering across multiple industries, including consumer electronics, energy, and advanced materials. He has successfully managed contract manufacturers and suppliers for renowned companies like Apple and Tesla, and played a pivotal role in the supplier industrialization for Tesla’s batteries and electrodes. Anirban recently spearheaded the industrialization of one of North America's earliest LFP Gigafactory. His impressive expertise in product industrialization and quality improvement, along with his PhD in Materials Science, makes him an invaluable addition to our team. #AI #Innovation #batteries #NewHire

It was a lot of fun to discuss a few technical aspects of our approach to faster next-gen battery development with AI at Chemix, Inc. Thanks Heather Couture, PhD for inviting me on the Impact AI podcast.

?? Happy World Environment Day! ? Today, we celebrate some of our very special founders who are working tirelessly to push the boundaries for a better tomorrow. We are proud to have such visionary founders within our Porsche Ventures Family ?? ? 1KOMMA5° Bcomp Ltd cylib AM Batteries South 8 Technologies Chemix, Inc. Laka?&Charge ? Sustainability lies at the heart of our investment strategy, and we're proud to witness the impactful strides made by some of the remarkable people in this industry. At the same time, we also have to acknowledge how much more work we have ahead of us, so let's keep pushing!?? ? #WorldEnvironmentDay #Sustainability #RenewableEnergy #PorscheVentures #Pioneers #VentureCapital Consumption Data: Taycan (WLTP): Electrical consumption combined: 20.0 – 16.7 kWh/100 km; CO? emissions combined: 0 g/km; CO? class: A; Status 05/2024

We recently wrapped up our 3rd Mobis Mobility Day with Hyundai MOBIS! ?? This event focused on cutting-edge advancements in Green Mobility, featuring presentations from innovative startups changing the future of mobility, including Niron Magnetics, Inc., Chemix, Inc., and Ouster. A special thank you to Hyundai MOBIS, Honda Innovations, Volvo Cars, and Mercedes-Benz USA for making this event a resounding success! ?? #GreenMobility #OpenInnovation #VentureCapital