Boston-Power Vets Take New Approach With Battery Startup Cadenza

Oxford, CT, located between Boston and New York City. Lampe-Onnerud and her husband moved to Connecticut after she got a job with hedge fund giant Bridgewater Associates in 2013. She worked in senior management there for more than a year, according to LinkedIn. Her husband, Per Onnerud, is Cadenza’s chief technology officer, the same role he had at Boston-Power.

Cadenza has a lot to prove, and it’s not generating any revenue yet, Lampe-Onnerud says. But its partnerships with Fiat Chrysler, ABB, and others will give Cadenza the chance to demonstrate that it has a better and faster method of designing and making lithium-ion batteries. Lampe-Onnerud also says that Cadenza will offer partners more than just the licensed technology; the company’s staff members will serve as hands-on advisors that work closely with customers’ R&D and manufacturing teams.

Cadenza currently has 10 employees, and it will likely hire another handful of people in the near future, Lampe-Onnerud says. But she doesn’t plan to go on a big hiring spree.

“My goal is really to keep it small,” she says. “There’s something that happens right around 30 or 40 people where the natural lines of communication break down and you need a lot more process. … Of course, that puts the bar pretty high on the people we hire.”

Author: Jeff Bauter Engel

Jeff, a former Xconomy editor, joined Xconomy from The Milwaukee Business Journal, where he covered manufacturing and technology and wrote about companies including Johnson Controls, Harley-Davidson and MillerCoors. He previously worked as the business and healthcare reporter for the Marshfield News-Herald in central Wisconsin. He graduated from Marquette University with a bachelor degree in journalism and Spanish. At Marquette he was an award-winning reporter and editor with The Marquette Tribune, the student newspaper. During college he also was a reporter intern for the Muskegon Chronicle and Grand Rapids Press in west Michigan.