MINNEAPOLIS, August 23, 2022 /PRNewswire/ — The TechFounders Accelerator program selected Claros Technologies to work with German multinational specialty chemicals company Lanxess to develop solutions for capturing and recovering valuable metals used in electric batteries, such as lithium, cobalt, cadmium and nickel. Claros is one of only 10 European and American startups selected to participate in the 16th cohort of the international startup accelerator.
TechFounders was founded in 2015 to foster corporate innovation by connecting world-leading companies with startups and offering coaching and a €25,000 project budget. During the 20-week program, Dr. John Brockgreitensdirector of Claros research and development, will work with the Lanxess team to apply Claros’ technology platform to enable new functionalities in Lanxess ion exchange resins.
“This partnership illustrates how a circular economy can transform the environment and how business is done,” said Brockgreitens. “TechFounders has identified a partner in Lanxess who shares our commitment to converting hazardous wastewater into clean and high-demand products: water and metals such as lithium and cadmium. This project will clean wastewater in a so they can be safely reused by mining for rare essential metals. for electric vehicles and high-tech consumer products. We can’t wait to get to work.”
“The science behind Claros Technologies continues to attract interest from many world-class organizations,” he added. “We are grateful for this latest opportunity to partner with two great organizations like Lanxess and TechFounders.”
About Claros Technologies Inc.
Founded in 2018, Claros is an advanced materials company that designs and develops sustainable materials and solutions for a circular economy. Claros’ proprietary technology platforms have been used to develop durable functional textiles that are antimicrobial, UV resistant and windproof; to develop water absorbents to capture, concentrate and destroy pollutants such as PFAS and mercury, and to develop sorbents and processes for the recovery and reuse of industrially useful metals. For more information, visit https://clarostechnologies.com/
LANXESS is a leading specialty chemicals company based in Cologne, Germany, with sales of 6.1 billion euros in 2020. The company currently has around 14,900 employees in 33 countries. LANXESS’ core business is the development, production and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the main sustainability indexes of the Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good. They are the second chemical company to become a corporate partner with the TechFounders program after Wacker AG joined in June last year. For more information, visit https://lanxess.com/
TechFounders is the 20-week technology startup accelerator program that strategically guides startups, pairs them with established businesses, and prepares them for the next round of venture capital with one-on-one coaching and an extensive mentorship network. A total of 145 start-ups have joined the accelerator program since 2015. With TechFounders, UnternehmerTUM strengthens its role as a central platform for collaboration between start-ups and established companies. TechFounders also operates the RESPOND Accelerator Program for the BMW Herbert Quandt Foundation and powers the SAP.io foundries as well as the recently launched SAFRAN Explore H2 program. For more information, visit https://techfounders.com/
For questions about this news release, please contact the Sales and Marketing Manager Stacy Hanson at Claros Technologies:
Email: [email protected]
SOURCE Claros Technologies