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FastCAP

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High-performance ultracapacitors for harsh environment energy storage

Woburn, United StatesFounded 1997
Valuation $25–50M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About FastCAP

FastCap Ultracapacitors, a subsidiary of Nanoramic, Inc., originated as a 2008 spinoff from the Massachusetts Institute of Technology (MIT). The company specializes in advanced energy storage, producing high-performance ultracapacitors for harsh environments. Their proprietary technology utilizes carbon nanotube-based electrodes, known as Neocarbonix™, and advanced electrolytes to deliver high power and energy density in compact and durable forms. This allows their products to operate in extreme conditions, including temperatures up to 150°C and high-shock or high-vibration settings, a capability that distinguishes them in the market.

The firm's products are engineered for applications requiring rapid power bursts and quick charge and discharge cycles. Key markets include aerospace, defense, transportation, industrial automation, and the Internet of Things (IoT). For instance, their technology is used in power loss protection for SSDs, in IoT sensors that have wide dynamic power demands, and in downhole drilling tools for the energy exploration sector. FastCap's ultracapacitors have been validated by organizations such as NASA and the United States Army and have received awards including a grant from the National Science Foundation. The company offers the world's first reflow solderable chip ultracapacitor, which can withstand high-volume electronics manufacturing processes.

FastCap offers customized energy storage solutions tailored to specific business needs. Their product line includes hermetically sealed cells in standard battery sizes like AA and D, as well as surface-mountable chip ultracapacitors. The business model focuses on providing these advanced components to industries where conventional batteries have limitations, either as standalone power sources or as part of hybrid solutions to extend battery life and enhance power capabilities.

Source: Dealroom company data

At a glance

Founded
1997
Headquarters
Woburn, United States
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

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