Join VisionTech at a very special live event: Our first ever Member-Guest Live Pitch Event on Tuesday, August 5. Co-hosted by longtime sponsor KSM CPAs + Advisors, the event includes networking and drinks, catered dinner from City Barbecue, and pitches by two portfolio companies, Ateios Systems and Nexosome Oncology, looking for funding to fuel their commercial breakthroughs.
This event is about more than just deal flow. It’s about engaging with bold founders, exchanging ideas, and having fun along the way. VisionTech members are encouraged to bring a guest who’s curious about angel investing and VisionTech—a friend, colleague, or future co-investor. We’ll cover their dinner and drinks.
Meet Pitch Presenter #1: Ateios Systems
CEO + Founder: Rajan Kumar
LinkedIn Bio
Headquarters: Indianapolis
Industry: Next Gen Battery Manufacturing + Electrodes
Website: Link
Joined VisionTech Portfolio: 2020
VisionTech Funding to Date
$320,000 over 2 rounds, involving 23 investors
What’s Special About Ateios
Traditional battery manufacturing methods are energy intensive and require toxic solvents and polymers classified as PFAS (forever chemicals). Regulations on PFAS levels and outright bans are growing in the European Union and across the United States. With its groundbreaking Raicure™ technology, Ateios solves the limitations of traditional thermal curing, unlocking a new era of efficiency, sustainability, and performance in battery manufacturing. It is the first company to offer PFAS-free battery electrodes.
Technologies
RaiCure™ – platform manufacturing technology that tackles the limitations of traditional thermal curing
RaiCore™ – solvent-free, PFAS-free, battery electrodes
Competitive Advantages
The company’s high throughput production of power dense, high energy, chemistry-agnostic batteries results in:
- 82% reduction in energy consumption
- 20% cost reduction by eliminating solvents
- 50% increased energy density
- 2X yield quality
- PFAS free with zero environmental impact
Commercial Applications
Batteries have unlimited applications: consumer electronics, computers, lighting, tools, tools, vehicles and wearables. Ateios is currently supplying electrodes for battery packs, laptops and wearables. And this is just the beginning.
About this Round
This is Ateios’ Series A Round. The company seeks to raise $7.5 million in new capital plus $1.45 million in note conversions. The pre-money valuation is $20.5 million. Titletown Tech, a venture capital firm formed out of a partnership between the Green Bay Packers and Microsoft, is leading the round with a $2 million commitment. VisionTech is targeting a $250,000 investment from our investors. Those who have participated in past rounds with Ateios and new investors are welcome.
Of note, last April Ateios was one of two winners of Titletown Tech’s inaugural Startup Draft Pitch Competition. The win included a $1 million investment from Titletown Tech and $350,000 in credits from Microsoft Azure for cloud computing.
Use of Funds
With significant orders secured and more in the pipeline, Ateios needs to ramp up manufacturing to scale their breakthrough RaiCore™ battery manufacturing platform to meet growing demand.
What Makes this an Attractive Opportunity
Life is dependent on battery power. However, traditional battery manufacturing is slow, costly, and generates PFAS, “forever chemicals” that are harmful to the environment. Ateios’ patented manufacturing process offers fast, more affordable electrode production for any application and zero environmental impact. Both Microsoft and the U.S. Department of Defense have written POs for Ateios’ electrodes. Need we say more?
Timing of Round Closing
Ateios’ commercial traction is picking up steam having just signed deals with Microsoft and the U.S. Department of Defense plus others in the works. Kumar would like to close the round in September. With interest high, VisionTech needs to move quickly or risk being shut out of the round.
(Close)
Don’t miss the first ever VisionTech Member-Guest Pitch Event on Tuesday, August 5 starting at 5:30 pm at KSM headquarters at 800 East 96th Street, Suite 500 in Indianapolis. The event is all about networking, great food and drinks, and two incredible investment opportunities. FREE to members and guests. Please RSVP no later than Friday, August 1 so we have plenty of ribs, brisket and sides for everyone. Here’s the link.
