Energy & Science

iPod Inventor and Nest Founder Tony Fadell Backs First Battery Startup

  • Advano closed an $18.5 million Series A funding round
  • Company uses silicon scrap to make more powerful batteries
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iPod pioneer Tony Fadell is backing a battery company that says it’s found a way to store more energy using silicon scrap waste.

Fadell’s investment firm, Future Shape, is among the contributors to Advano’s $18.5 million Series A funding round. It’s Fadell’s first battery investment.