ADVANO

About ADVANO

Advano, a New Orleans-based materials company established in 2016 by Alexander Girau, is focused on advancing the battery industry. The company directs its efforts towards the development and large-scale manufacturing of a proprietary silicon-carbon composite material, branded as A-SiCarbon™, designed to replace the conventional graphite anode in lithium-ion batteries. This core technology addresses the persistent challenge of battery life and performance in electric vehicles and other consumer electronics.

The founder, Alexander Girau, brought his experience from the oil and gas sector, specifically in upstream technology development and project management at Chevron, to tackle material science challenges in the energy storage domain. His background in scaling complex technological projects underpins Advano's strategy of moving from research and development to commercial-scale production.

Advano's business model centers on supplying its advanced anode material to battery manufacturers. By integrating A-SiCarbon™ into existing lithium-ion battery production lines, customers can increase the energy density of their cells, which translates to longer-lasting and more powerful batteries without necessitating a complete overhaul of their manufacturing processes. The company has demonstrated its production capabilities through a 15,000-square-foot facility in New Orleans, designed to produce tons of its material annually, signaling its readiness for commercial engagement.

The primary product, A-SiCarbon™, is an engineered silicon-carbon composite. Its main benefit is its ability to increase the energy density of lithium-ion batteries by over 20%. The material is produced using a scalable manufacturing process and is designed to be a drop-in solution, meaning it can be easily adopted by cell makers. Advano has secured significant funding, including a $21 million Series A round with participation from notable investors like Mitsui Kinzoku, and has received accolades such as being named a New Energy Pioneer by BloombergNEF.