Scalvy is an Austin-based power electronics company building a modular, software-defined platform called the Power Neuron that distributes power conversion and control to the edge of each battery pack instead of routing it through a single centralized block. The approach targets three power-hungry markets - AI data centers, grid-scale energy storage, and electric mobility - promising higher usable energy, ultra-high efficiency, and faster development cycles. Founded in 2022 by Mohamed Badawy, the company raised a $13.9M Series A in March 2026, bringing total funding to roughly $17M.
Qnovo is a Milpitas, California software company that makes lithium-ion batteries smarter. Its intelligent battery management platform - powering SpectralX adaptive fast charging and SentinelX safety diagnostics - is embedded in more than 150 million smartphones and increasingly in EVs from the world's top automakers, helping prevent fires, extend range, and stretch battery life.
Anthony 'Tony' Stratakos is the co-founder and CEO of Element Energy, a West Menlo Park, California-based company pioneering adaptive battery management systems (BMS) that extend battery lifetimes by up to 50% and enable second-life repurposing of retired EV batteries for grid storage. A PhD electrical engineer from UC Berkeley, he previously co-founded Volterra Semiconductor in 1996 - a fabless power management IC company that went public in 2004 and was acquired by Maxim Integrated, where he rose to CTO before starting Element Energy in 2019. With $181.9M in total funding raised and a commissioned 53 MWh second-life battery storage project in Texas, Stratakos is building the infrastructure to make battery recycling obsolete.