PhosphoPOWER Group (ACQUIRED)

About PhosphoPOWER Group (ACQUIRED)

PhosphoPOWER Group was a Canadian company established in 2018 by co-founders Sebastian Alamillo Falkenberg, who served as CEO, and Melissa Gerrits, who was the CFO. The venture was based in Waterloo, Canada, and focused on the development of a saltwater-based energy storage system.

The company's core product was the 'Ocean Battery,' a technology designed for grid-level energy storage applications. This system utilized water and table salt as its primary components to store and release energy. The business operated in the energy storage market, aiming to provide solutions for large-scale power grids.

Despite its efforts to manufacture and commercialize its saltwater battery technology, PhosphoPOWER Group did not secure any funding rounds and is now considered a deadpooled entity, having ceased its operations. Following the company's closure, co-founder Sebastian Alamillo Falkenberg transitioned to a role as Director of Strategy and Industry at RXN HUB, an organization focused on chemistry-based sustainability solutions.