CAMBRIDGE, Mass.--(BUSINESS WIRE)--The Cleantech Group (CTG) announced on January 23, 2017 that lithium-ion battery manufacturer 24M has been selected as a 2017 Global Cleantech 100 company. The list is a barometer of the global innovation community’s views on which companies are most likely to have significant commercial impact in the next 5-10 years. These companies represent the most promising ideas in the cleantech industry and are best positioned to solve society’s clean technology challenges. 24M was selected for its breakthrough semisolid lithium-ion platform, an innovation in battery design and manufacturing that produces a better battery at lower cost.
“We are thrilled to be back on the Global Cleantech 100 list after our first appearance in 2011,” said Throop Wilder, CEO and Co-founder of 24M. “We have made significant progress over the past six years and are excited to be recognized by Cleantech Group as we move into the commercialization phase of our technology. Being surrounded by 99 other forward-thinking companies is an added honor as we all work to drive society towards a cleaner, more sustainable future.”
24M and the other 2017 Global Cleantech companies were recognized at the annual Cleantech Forum in San Francisco, CA last week. Industry experts came together to share perspectives on new technologies, innovative business models and investment opportunities during the 3-day event.
24M was chosen as one of the 100 top cleantech companies by a committee of 100 expert panellists representing multi-national corporations active in technology and innovation scouting as well as leading financial investors in Asia, Europe and North America. The committee based its decisions on three criteria: level of innovation, market accessibility and ability to execute. Additional information on this year’s Cleantech 100 can be found here: https://i3connect.com/gct100.
24M answers the world’s need for affordable energy storage by enabling a new, more cost-effective solution–semisolid lithium-ion technology. By re-inventing the design of the battery cell as well as the manufacturing method, 24M solves the critical, decades-old challenge associated with the world’s preferred energy storage chemistry: reducing its high cost while improving its performance. Founded and led by some of the battery industry’s foremost inventors, scientists and entrepreneurs, 24M is headquartered in Cambridge, Mass. For more information, please visit www.24-m.com.
About the Cleantech Group
Founded in 2002, Cleantech Group’s mission is to accelerate sustainable innovation. Core to this mission is i3, an online platform that connects corporates with innovation, at scale, by allowing them to find, vet, and connect with start-ups—efficiently building an innovation pipeline. The i3 platform comes to life at our global Events, which convene corporates and start-ups, along with other players shaping the future of sustainable innovation. Cleantech Group is headquartered in San Francisco and has offices in London. For more information, visit www.cleantech.com.