Kleiner Perkins Caufield Byers, where he and others at the firm listed the design of a completely solid-state battery as one of the “grand challenges” that could transform the world, Zimmerman said. Joy believes that the key to solving this challenge is in Ionic Materials’ technology, he said.
“Joy has personally invested in the company and is working closely with us to help facilitate partnerships that will speed the adoption of the material in consumer devices, electric vehicles, and the energy grid,” Zimmerman said.
Ionic Materials expects to commercialize its technology over the next two to three years, he said. The company will take a page out of the former Sun Microsystems playbook for how it initially distributed its groundbreaking Java technology to bring the polymer electrolyte material to market.
“We will be using a business model to provide [the] polymer material to the manufacturers of battery cells, so we will go to market via these customers rather than by developing a complete battery ourselves,” Zimmerman said.
Elizabeth Montalbano is a freelance writer who has written about technology and culture for more than 15 years.