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Follow-Up with SAX Power, the Cutting-Edge Battery Startup

Podcast |: Startuprad.io - The Authority on German Startups
Publisher |: Jörn "Joe" Menninger
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Germany,; Interview,; Startups,; Technology
Categories Via RSS |: Business,; Science,; Technology
Publication Date |: Aug 26, 2021
Episode Duration |: 00:21:52

Description
Content Encoded

We talk to Sax Power, the innovative battery startup from Ulm. We talk with them about their first product, a storage unit for solar power, for home use.

We follow-up our 2019 interview

Follow-Up with SAX Power, the Cutting-Edge Battery Startup

Our battery technology is totally different from the one currently on the market. Lei Shen, CEO, and Founder of Sax Power

Subscribe Here

Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio

Our battery technology directly generates alternating current, without inverter. Lei Shen, CEO and Founder of Sax Power

The Founder

In this interview, we are talking to Lei Shen, the CEO and Founder of the Ulm-based battery startup Sax Power power.net/">https://sax-power.net/. Lei still does not have a LinkedIn profile 😊. She is originally from China, studied in Germany and enjoyed the country so much, she decided to stay. You can learn more about her in our older interview or on the company website.

Is your Startup in Need of A bank Account? - Affiliate Links

Try the account of our Affiliate Partner Penta: http://bit.ly/3bdHX3d

The Startup

As we interviewed the startup back in 2019, they were just in the development of their battery. They were looking at putting their batteries in cars and heavy machinery. Now they pivoted and first offer their battery technology for homes, to store solar energy. Startupers will see the pages they took out of the Tesla playbook. At the time of publication, the startup is producing the first industrial miniseries of its battery.

As a next step, they will use their batteries in boats. They also plan to start working in automotive in the next three years.

Our technology can also be used in stationary energy storage. Lei Shen, CEO and Founder of Sax Power

Venture Capital Funding

Sax just received an investment from Sparkasse Bieberach (Chancen Kapital Fonds), which is a local thrift or savings bank. They could also convince the California-based Walden International (http://www.waldenintl.com/index.aspx), which every tech geek should know from their investment in DJI, one of the world’s largest drone manufacturers.

Find the original post with all links and show notes here: https://www.startuprad.io/blog/follow-up-with-sax-power-the-cutting-edge-battery-startup/

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