Sakti3 is developing batteries for automotive use. Its CEO and founder is University of Michigan Materials Science and Engineering Professor Ann Marie Sastry.

In the news

October 19, 2015. Dyson acquires battery firm, plans to build big factory. USA Today. "Dyson confirmed on Monday that it has acquired Ann Arbor, Mich.-based Sakti3 and plans to use the startup's solid-state lithium-ion technology to improve the battery life on its cordless vacuums, deliver new products and build a battery production plant."

A real estate firm in negotiations with Sakti3 has requested that City Council establish an industrial development district at 1490 Eisenhower Place. That's a required legal precursor to an official tax abatement request, which generally accompanies an expansion or business investment.

ANN ARBOR, Mich.--(BUSINESS WIRE)--Sakti3, Inc., an Ann Arbor-based developer of next-generation lithium-ion batteries, announces the completion of its $7 million Series B round of financing. The capital, from new investor Beringea and previous investor Khosla Ventures, will fund the company’s expansion of its Michigan-based research, development and manufacturing capabilities.

News references

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