Altect provides battery fire prevention solutions.
Altect eliminates the build-up of explosive and toxic gases. Their TRAPS uses a series of physiochemical processes to neutralize flammable and toxic battery gases into inert, non-hazardous gases. They enabled fire protection systems to provide preventative fire mitigation protection for Li-ion batteries, regardless of whether they are installed in an electric vehicle or stored in a warehouse.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Apr 29, 2022 | Grant | $1M | 1 |
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Aug 9, 2019 | Grant | $225K | 1 |
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Investor Name | Lead Investor | Funding Round |
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Yes | Grant |