Aug
02

Electronics Startup Gets New Funding for Technology Eyed by Musk

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  • Skeleton’s supercapacitors boost performance of electric cars
  • Tesla’s founder sees technology overtaking battery storage

A startup in Estonia making new energy-storage technologies that Elon Musk called key to the future of electric cars secured a new round of funding to expand in Asia.

Skeleton Technologies GmbH makes supercapacitors: light-weight electronic components that efficiently store and distribute high volumes of power. At present, they provide bursts of energy to help propel trains and buses. In the future, Skeleton and other manufacturers like Maxwell Technologies Inc. and Ioxus Inc., want to broaden their utility in a wider range of vehicles…

Electronics Startup Gets New Funding for Technology Eyed by Musk

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