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§ Private Profile · Indianapolis, IN, USA
Manufacturer of ultra-thin, flexible, customizable solid-state batteries using a rapid-curing process for wearables, IoT, and flexible electronics.
Based in Newberry, Indiana, Ateios manufactures ultra-thin, flexible, and customizable solid-state batteries for wearable electronics, medical devices, and Internet of Things hardware. The organization utilizes a proprietary rapid-curing manufacturing process that allows its paper-thin power sources to be die-cut into custom shapes and applied robotically directly onto flexible electronics. Operating out of the Battery Innovation Center, Ateios has achieved a thirty percent improvement in battery capacity while securing a $1.25 million seed funding round and a subsequent $1 million investment to scale its component production. The enterprise is backed by prominent venture capital firms and institutional investors including Good Growth Capital, TitletownTech, Techstars, and Elevate Ventures, alongside research grant support from the National Science Foundation. The company was originally spun out of the University of California, San Diego, and was founded in 2017 by Rajan Kumar and Carlos Munoz.
Ateios has raised $8.0M across 2 funding rounds.
Ateios has raised $8.0M in total across 2 funding rounds.
Ateios Systems (also referred to as Ateios, Inc.) is a startup founded in 2017 that develops advanced electrode manufacturing technologies for lithium-ion batteries, enabling high-throughput production of power-dense, high-energy, chemistry-agnostic batteries.[1][2][3][4] The company builds a platform technology called RaiCure™ for manufacturing thicker electrodes (above 10 mAh/cm²) at 5X faster speeds, with 98% OPEX and 75% CAPEX reductions, 98% emission reductions, and PFA-free, recyclable processes—targeting applications in flexible electronics like smart textiles, soft robotics, IoT devices, and wearables.[1][2][4] It serves electronics manufacturers and battery producers facing rigid battery limitations, solving key challenges in speed, cost, environmental impact, and scalability to enable conformal energy on any surface and a "Moore’s Law of batteries."[1][2][4]
Growth momentum includes endorsements from Nobel Laureate Dr. Stan Whittingham and CTO Terry Taber of Eastman Kodak, who validated RaiCure™ as a drop-in solution for faster, greener electrode coating at scale.[4] Headquartered in Newberry, Indiana (with early ties to Indianapolis and UCSD roots), Ateios emphasizes values like excellence, efficiency, and growth to deliver advanced battery, materials, and software solutions.[1][2][3]
Ateios originated as a UCSD-founded startup in 2017, initially focused on a platform for highly customizable, flexible batteries integrable into electronics manufacturing.[1] The idea emerged from addressing the core limitation of rigid batteries, aiming to enable conformal energy for flexible applications like smart textiles, soft robotics, IoT, and medical wearables—pushing innovation in a fast-paced environment.[1] Key early traction includes relocating to Indiana (Indianapolis initially, now Newberry) and evolving into Ateios Systems, pioneering RaiCure™ electrode tech validated through partnerships like Eastman Kodak.[1][3][4] Founders' backgrounds emphasize technical expertise from UCSD, though specifics are not detailed in available sources; the company's human-centric culture—valuing self-awareness, bravery, focus, trust, and learning from failures—has driven its pivot to high-throughput, sustainable battery manufacturing.[2]
Ateios rides the surging demand for sustainable, high-performance batteries amid EV adoption, IoT expansion, and wearable tech proliferation, where rigid batteries bottleneck flexible, power-dense designs.[1][2][4] Timing is ideal as global pushes for greener manufacturing (e.g., emission cuts, recyclability) align with Ateios' 98% emission reductions and PFA-free processes, addressing lithium-ion scaling challenges like slow electrode production and high costs.[3][4] Market forces favoring it include the need for chemistry-agnostic tech to support diverse applications (soft robotics, medical patches) and partnerships like Kodak, which validate drop-in scalability.[4] Ateios influences the ecosystem by enabling faster, cheaper battery innovation—potentially shrinking giga-factories and accelerating "Moore’s Law" progress—positioning it as a key enabler for next-gen electronics and energy storage.[2][4]
Ateios is poised to disrupt battery manufacturing with RaiCure™, scaling production for flexible, sustainable energy solutions amid rising IoT and wearables demand. Next steps likely include broader commercialization via sample electrodes/batteries and production estimates, expanding partnerships beyond Kodak.[2][4] Trends like electrification, circular economies, and AI-driven devices will shape its path, amplifying influence as it reduces manufacturing barriers and enables ubiquitous conformal power—ultimately transforming rigid limitations into seamless, surface-agnostic energy, as envisioned from its UCSD origins.[1][2]
Ateios has raised $8.0M across 2 funding rounds. Most recently, it raised $7.0M Series A in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2026 | $7M Series A | TitletownTech, Craig Dickman | Carat Venture Partners, Element 8, Elevate Ventures, Good Growth Capital, JHH Ventures, Keshif Ventures, Lateral Capital, Stonecast Ventures, Techstars, VisionTech Partners | Announced |
| Oct 1, 2020 | $1M Seed | Good Growth Capital | True Global Ventures, Elevate Ventures, HG Ventures, Impactassets, Keshif Ventures, Techstars, VisionTech Partners | Announced |
Ateios has raised $8.0M in total across 2 funding rounds.
Ateios's investors include TitletownTech, Craig Dickman, CARAT Venture Partners, Element 8, Elevate Ventures, Good Growth Capital, JHH Ventures, Keshif Ventures, Lateral Capital, Stonecast Ventures, Techstars, VisionTech Partners.