Chemix Brings Transformative AI Technologies to EV Battery Industry, Launching the First AI-Designed Battery in 2023

• Chemix has developed MIX™, a battery-specific AI-powered design platform, to accelerate its electric vehicle (EV) battery development process by 10x over conventional approaches.
• Trained on Chemix’s proprietary high-quality and high-diversity datasets, MIX leverages the world’s most advanced AI algorithms, demonstrating record model performance metrics.
• With MIX, Chemix has developed a wide variety of high-performance EV battery chemistries, significantly reducing reliance on cobalt and nickel.
• Founded by advanced battery development and AI/ML experts from Harvard, Stanford, and UC Berkeley, the company has raised $10M+ in early-stage funding led by Mayfield Fund, Radical Ventures, and Ibex Investors to scale operations.

Sunnyvale, CA — (May 2, 2023 ) — Chemix, the startup leveraging AI to rapidly build high-performance and environmentally sustainable EV batteries, today unveiled MIX™, its AI-powered design platform specifically developed to accelerate the commercialization of next-generation EV batteries. By leveraging MIX, Chemix is poised to revolutionize the decades-old EV battery industry, similar to how AI has transformed drug discovery by accelerating pharmaceutical research and development. This will enable the pace of battery innovation to finally catch up with the ever-growing demand for better-performing, safer, and more sustainable EV batteries.

A battery is to an electric vehicle what a processor is to a computer – a critical technical component determining the entire system’s performance. Despite this central importance, the approach researchers have used to develop new battery materials and systems has remained largely unchanged for decades – until now. As opposed to the conventional method that relies on time- and labor-intensive processes for battery development and testing, Chemix adopts a revolutionary AI-based approach. This accelerates the discovery of the best battery materials, formulations, and recipes by leveraging large proprietary experimental datasets and cutting-edge proprietary algorithms. As a result, the company has created a vertically-integrated end-to-end battery development approach from scratch.

“AI and EV batteries are two of the most transformative technologies for this decade and beyond,” said Kaixiang Lin, co-founder and CEO of Chemix. “At Chemix, we have invested significant resources into building processes for acquiring higher volume, quality, and diverse battery data, which is critical for practically applying AI to accelerate EV battery development. This data-first mindset has been the foundation for rapidly improving the accuracy, efficiency, and scalability of MIX and ultimately achieving our mission.”

Chemix’s innovation combines battery-specific AI algorithms and their vast collected data to accelerate and optimize battery design – seamlessly integrated with the MIX platform. Chemix has used MIX to experimentally test over 2,000 unique battery material designs across more than 40 variations of commercially-relevant battery formats, accumulating nearly three million test cycles.

With MIX, Chemix not only brings higher-performance batteries to market faster but also allows its batteries to be more environmentally sustainable by enabling the minimization of scarce and problematic metals such as cobalt and nickel from its battery chemistries.

Co-founded by experts in advanced battery development and applied AI/ML, Kaixiang Lin, CEO, and Jason Koeller, CTO, Chemix’s mission is to build a chemistry- and format-agnostic battery company that can serve many use cases and vehicle segments across the broad EV market – including e-motorcycles, sports cars, luxury vehicles, commercial vehicles, and more.

Today, Chemix is also unveiling its first generation of AI-designed batteries ready for prototype shipment to customers. Chemix expects to start full production of these batteries with its cell manufacturing partners later this year.

SAPPHIRE by MIX:

• Targeted segment: e-motorcycles and sportscars
• Cylindrical format cell with 300 Wh/kg gravimetric energy density (Gen-1)
• Ultrahigh capacity cathode and anode design
• Minimized use of cobalt

JADE by MIX:

• Targeted segment: 2-wheelers and utility EVs
• Pouch format cell with 190 Wh/kg gravimetric energy density (Gen-1)
• Ultralong cycle life and power capability
• Exceptional low-temperature performance
• No cobalt and nickel

Chemix is proud to partner with multiple customers in the electric motorbike and premium EV segments. In April 2022, the company issued a joint press release with UBCO to highlight its development of batteries for UBCO’s long-range and high-speed off-road adventure electric motorbike. The first UBCO concept battery started development in mid-2022, and in less than a year, Chemix successfully demonstrated a fully functioning UBCO vehicle powered by Chemix’s in-house-built pack.

Chemix has raised over $10M in early-stage funding from Mayfield Fund, Radical Ventures, and Ibex Investors to build the first generation of its AI-powered lab and the MIX battery design platform. The company has also assembled a world-class team to help achieve its mission.

“As an early-stage investor in Chemix, we have watched the company grow and achieve many milestones, from securing their first major customer to building their automated battery pilot facility to expanding their team of experts,” said Ursheet Parikh, Partner at Mayfield Fund. “It has been most exciting to watch the team leverage their MIX platform to unlock the commercialization potential across all battery chemistries versus traditional approaches, which go all-in on just one initial chemistry. We believe this AI-guided approach will allow Chemix to deliver the world’s most sustainable and efficient batteries on the market year after year.”

For more information about Chemix and its products, please visit chemix.ai.

About Chemix

Chemix, a venture-backed developer of next-generation EV batteries, aims to revolutionize the battery design and production process with its AI-based MIX design platform since 2021. Chemix reduces battery development time by 5-10x compared to traditional design approaches through the MIX platform’s proprietary AI algorithms and proprietary experimental datasets. Chemix’s battery designs are compatible with existing Li-ion battery manufacturing processes, providing a seamless transition to high-volume production to meet customers’ battery performance requirements.

Chemix’s mission is to practically apply cutting-edge AI technologies to revolutionize battery development, creating the most high-performance and sustainable battery chemistries. Chemix was founded in 2021 by researchers and business leaders from Harvard, Stanford, and UC Berkeley. Learn more at Chemix.ai.

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