Liquid Metal Battery, an MIT spinout that is building a battery made of liquid-state cathode, anode, and electrolyte components, has nabbed a seed investment from Bill Gates and an undisclosed oil driller, CNET reports. The aim is to cut the cost of energy storage and enable batteries to store hours of wind and solar power, according to the report. The company is expected to announce its full Series A funding next month.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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