South 8 Technologies

South 8 Technologies, with the slogan "Delivering breakthrough energy storage solutions to advance a clean energy future," is a significant player in the energy storage industry. Founded in 2015 and based in the United States, South 8 has developed LiGas®, a liquefied gas electrolyte for advanced lithium-ion batteries, addressing the "fire and ice™" issues. This patented electrolyte mitigates fire risks and functions across a wide temperature range (-60 to 60 °C), offering enhanced safety and versatility. Moreover, LiGas is compatible with common battery materials, promotes higher energy capacity, facilitates rapid charging, and proves cost-effective for manufacturers. South 8 has received substantial backing, with investments from noteworthy entities such as Anzu Partners, LG Technology Ventures, Shell Ventures, Foothill Ventures, Taiyo Nippon Sanso, Porsche Ventures, and Lockheed Martin Ventures. These funds have propelled the company's growth and technological advancements. Additionally, South 8 holds 23 patents across seven countries and jurisdictions, underlining its innovative prowess and intellectual property strength. The company has introduced its initial LiGas battery, Arctic™ LiGas 18650, with plans to develop new form factors and additional battery chemistries. South 8's customer base spans cell manufacturers, electric vehicle OEMs, energy storage providers, and various applications ranging from defense to aerospace. The recent Venture Round investment on 30 April 2024 from Porsche Ventures signifies continued confidence and support for South 8's mission to revolutionize energy storage technologies.