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Soteria Seeks Advanced Development Partners for Consumer Lithium-ion Battery Fire Alarm System

Retrieved on:

Wednesday, October 18, 2023

Lithium, Smoke, Paper, Carbon, Death, Hydrogen, Learning, City, Organic compound, Partnership, Volatile organic compound, CES, Safety, Gas, Communication, Fire, Electric battery, Soteria

GREENVILLE, S.C., Oct. 18, 2023 /PRNewswire/ -- Since 2020, there have been nearly 500 fires caused by e-bike batteries in New York City. And there have been 208 fires and 14 deaths this year alone. Similar problems are reported in London, San Diego, San Francisco, and other largely populated cities around the world. In addition, there are an increasing number of fires from e-cigarettes, battery powered lawn and garden tools, and other consumer devices.

Key Points:

Soteria has lifesaving, patent-pending technology for an alarm system that will detect these events early and is seeking advanced development partners to help bring the devices to market quickly.
In addition, there are an increasing number of fires from e-cigarettes, battery powered lawn and garden tools, and other consumer devices.
Soteria has lifesaving, patent-pending technology for an alarm system that will detect these events early.
Compounding this challenge from a consumer perspective is the relative inability of conventional smoke alarms to detect the emissions that come from a burning lithium-ion battery.

Ardian Announces Sale of Its Investment in Soteria Flexibles to TJC

Retrieved on:

Wednesday, September 6, 2023

Finance, Manufacturing, Professional Services, Packaging, Chemicals, Plastics, NORTH, TJC, HEAD, Multimedia, AMERICA, Acquisition, Investment, Growth, ANAF, Ardian (company), Retail, Soteria

Ardian, a world-leading private investment house, has sold its investment in Soteria Flexibles Holdings LLC to TJC LP (TJC).

Key Points:

Ardian, a world-leading private investment house, has sold its investment in Soteria Flexibles Holdings LLC to TJC LP (TJC).
With the Ardian North America Fund team’s support, today Soteria Flexibles is a North American leader in short-run, custom flexible packaging manufacturing serving the healthcare, fresh food, industrial, foodservice, janitorial/sanitation and commercial markets.
Under Ardian’s ownership over the last four years, and led by the company’s management team, Soteria Flexibles grew via continued acquisitions and investments into capacity, operations, talent and infrastructure.
“It has been a privilege partnering with Ardian since the creation of Soteria in 2019.

Battery industry experts convene to address lithium-ion battery fires and solutions

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Tuesday, August 29, 2023

Lithium, Plague, Original equipment manufacturer, Fear, Certification, Cell, Artificial intelligence, Safety, Medical device, Electric battery, Soteria

GREENVILLE, S.C., Aug. 29, 2023 /PRNewswire/ -- Soteria Battery Innovation Group and NAATBatt International announced they will host the second annual LithiumSAFE Battery Safety Workshop from October 17th – 19th, 2023, in Greenville, South Carolina. The event will bring together top experts in the lithium-ion battery industry to catalyze discussions on the critical challenges and groundbreaking solutions in battery safety.

Key Points:

The event will bring together top experts in the lithium-ion battery industry to catalyze discussions on the critical challenges and groundbreaking solutions in battery safety.
2nd Annual LithiumSAFE Battery Safety Workshop to convene industry experts to address challenges in battery safety.
To mobilize the industry, Soteria and NAATBatt will hold a two-day conference at the Hyatt Regency Greenville to convene battery experts and professionals across the supply chain to foster an open dialogue about battery safety, solutions, testing, and certification that can be used to ensure public safety.
"This year we are using the same format to address difficult topics like battery safety for micro mobility, safety in aerospace and defense, and a potential battery safety grading system."

Soteria Launches Crowdfunding Campaign to Fund Its Fight Against Battery Fires

Retrieved on:

Wednesday, August 16, 2023

Polaris, Sandy Munro, Electronics, DuPont, McKinsey & Company, Explosion, Name, Acquisition, NASA, Safety, Ridesharing, Electric battery, Mobile phone, Lenovo, Soteria

GREENVILLE, S.C., Aug. 16, 2023 /PRNewswire/ -- Soteria has been working with a group of experts from NASA, Munro & Associates, Polaris and other companies to understand the deficiencies in current batteries for e-bikes. With the project concluding soon in the form of robust best practices, Soteria wants to turn the best practices into safe battery packs for immediate adoption in e-bikes. In doing so, Soteria is launching a crowdfunding campaign on StartEngine to provide the resources quickly.

Key Points:

Soteria is launching a crowdfunding campaign to provide resources to develop and launch a line of inherently safe batteries for e-bikes and other markets.
In doing so, Soteria is launching a crowdfunding campaign on StartEngine to provide the resources quickly.
Soteria is launching a crowdfunding campaign to provide resources to develop a line of safe batteries for e-bikes.
To become part of this transformative journey and support Soteria's crowdfunding campaign, please visit the campaign page on StartEngine at startengine.com/offering/soteria.

Soteria: Revolutionizing Cryptocurrency Security as Worlds First Blockchain-Enabled Law Enforcement Agency While Prioritizing Investors

Retrieved on:

Thursday, July 27, 2023

Crypto, Heart, Partnership, Lamborghini, Prevalence, Law enforcement, Entrepreneurship, Acquisition, CIA, Growth, Ecosystem, Shark Tank, Fraud, FIAT, Environment, Safety, Cryptocurrency, Hyperion, Soteria

As the world's first-ever blockchain-driven law enforcement agency, Soteria spearheads a radical shift in cryptocurrency protection – a transformative epoch integrating community-led action with entrepreneurial investment.

Key Points:

As the world's first-ever blockchain-driven law enforcement agency, Soteria spearheads a radical shift in cryptocurrency protection – a transformative epoch integrating community-led action with entrepreneurial investment.
At the heart of Soteria's operations is Gotham, their exclusive platform that employs a multi-faceted strategy to reshape the ever-evolving cryptocurrency landscape.
In its unyielding drive to safeguard investors and inspire entrepreneurship, Soteria announces the strategic acquisition of Hyperion.
Embracing a progressive approach, Soteria proudly unveils the world's first-ever Hold2Earn (H2E) business model within the crypto sector.

E-bike Battery Safety Called into Question by Interim Project Results

Retrieved on:

Wednesday, June 28, 2023

GREENVILLE, S.C., June 28, 2023 /PRNewswire/ -- Last year in NYC there were over 200 fires caused by e-bike batteries, resulting in 6 deaths. This year, there have been over 100 fires and 13 deaths. Many have speculated, but the cause of these fires is unclear due to lack of information on the battery pack technology and rider habits.

Key Points:

In Soteria's E-bike Battery Safety Project, 8 e-bike battery packs have been disassembled and over 1,000 e-bike riders have been polled.
The interim results reveal the shocking truth about the industry, with only 1 OEM taking significant strides to improve battery pack safety.
The interim results reveal that modern battery safety technology is not effectively being utilized in today's e-bike battery packs.
Used e-bike battery pack disassembly: Used e-bike battery packs will be disassembled to identify potentially dangerous wear conditions and damage.

Soteria Reorients Consortium to Wholistic Lithium-ion Battery Safety and Launches Content Platform to Support Shift

Retrieved on:

Thursday, May 11, 2023

Lithium, Terawatt, Consortium, BIG, Foot, Fire, Safety, Mobile phone, Watt, Soteria

GREENVILLE, S.C., May 11, 2023 /PRNewswire/ -- The lithium-ion battery industry is suffering from battery fire safety issues—from recalls of wearables and electric vehicles to hundreds of micro mobility battery fires plaguing urban environments. Soteria Battery Innovation Group (BIG) is committed to help the industry address these issues. A key piece will be to work with the industry to identify and promote safety solutions, regardless of the source, resulting in a wholistic approach to battery safety.

Key Points:

To support this, Soteria has launched a new content platform to house and disseminate battery safety information, content, and training.
To support this, Soteria has launched a battery safety content platform, available to consortium members, that will serve as a repository of information on all things lithium-ion battery safety.
From technologies to educational content, technical reports and more, all designed to support the lithium-ion battery safety across the supply chain.
Results of Soteria's battery safety projects, including the E-bike Battery Safety Project, will also be available to the Consortium through the platform.

Antiva Biosciences Closes $53 Million Series E Equity Financing Led by MPM-BioImpact Capital and Names Kristine Ball President and CEO

Retrieved on:

Thursday, April 27, 2023

SOUTH SAN FRANCISCO, April 27, 2023 /PRNewswire/ -- Antiva Biosciences, a biopharmaceutical company developing novel, topical therapeutics for the treatment of pre-cancerous lesions caused by human papilloma virus (HPV) infection, today announced the closing of a $53 million Series E equity financing. The financing was supported by a syndicate of premier life science investors led by MPM-BioImpact Capital, and joined by the company's existing investors including Canaan Partners, Sofinnova Investments, Adjuvant Capital, GV and Lumira Ventures, among others. In conjunction with the financing, president and chief executive officer Gail Maderis is transitioning to chairman of the company's board of directors and is being succeeded as CEO by Kristine Ball. Additionally, Ms. Ball, along with Florencia Segal, M.D., and Brian Goodman, Ph.D., both of MPM-BioImpact Capital, will join the Antiva board.

Key Points:

The financing was supported by a syndicate of premier life science investors led by MPM-BioImpact Capital, and joined by the company's existing investors including Canaan Partners, Sofinnova Investments, Adjuvant Capital, GV and Lumira Ventures, among others.
In conjunction with the financing, president and chief executive officer Gail Maderis is transitioning to chairman of the company's board of directors and is being succeeded as CEO by Kristine Ball.
Additionally, Ms. Ball, along with Florencia Segal, M.D., and Brian Goodman, Ph.D., both of MPM-BioImpact Capital, will join the Antiva board.
"I take great pride in turning the CEO role over to Kristine with the company in such a strong position following this transformative financing.

Soteria Organizes and Invites Industry Participants to E-bike Battery Safety Project

Retrieved on:

Wednesday, April 26, 2023

Lithium, Participation, BIG, Sponsor, Original equipment manufacturer, Fire, Organization, Outline, Editorial, Risk, Mobile, OEM, Safety, Recycling, Road, Electric battery, Soteria

GREENVILLE, S.C., April 26, 2023 /PRNewswire/ -- Soteria Battery Innovation Group (BIG) is organizing a coalition of companies across the industry to address the e-bike battery fire problem by identifying best practices and collective next steps to help the industry progress for a safer future. With several partners who have already agreed to help with this initiative, Soteria is extending the invitation to other companies and organizations to join, too.

Key Points:

With over 200 e-bike battery fires in New York City in 2022, Soteria is organizing a coalition of companies to address the problem and identify best practices for e-bike battery safety.
With 200 e-bike battery fires in NYC in 2022, Soteria is organizing a coalition to address the problem for e-bike safety
Lithium-ion battery safety is a massive problem.
Standard risk-analysis, implemented for lithium-ion batteries, predicts that the safety hazard of a battery scales as the size of the battery squared.
At Soteria's Battery Pack Safety Center of Excellence, Soteria and its partners will run a project to identify and promote the best practices for e-bike battery packs.

Soteria sets up Lithium-ion Battery Pack Safety Center of Excellence

Retrieved on:

Wednesday, March 1, 2023

Lithium, Knowledge, Safety, Clemson, BIG, Research, CU-ICAR, Risk, Fire, Mobile, Clemson University International Center for Automotive Research, Automotive industry, National Cybersecurity Center of Excellence, Clemson University, Soteria

GREENVILLE, S.C., March 1, 2023 /PRNewswire/ -- Soteria Battery Innovation Group (BIG) is coordinating with Clemson University and the Soteria BIG Consortium members to set up a Lithium-ion Battery Pack Safety Center of Excellence. Soteria BIG consortium members will collaborate on projects to develop and implement best practices for lithium-ion battery pack safety.

Key Points:

Soteria has leased 14,000 square feet of space at the Clemson University International Center of Automotive Research to develop best practices for lithium-ion battery pack safety.
GREENVILLE, S.C., March 1, 2023 /PRNewswire/ -- Soteria Battery Innovation Group (BIG) is coordinating with Clemson University and the Soteria BIG Consortium members to set up a Lithium-ion Battery Pack Safety Center of Excellence.
Soteria BIG consortium members will collaborate on projects to develop and implement best practices for lithium-ion battery pack safety.
"The CU-ICAR campus is the perfect location for the highly collaborative Center that we envision," said Brian Morin, CEO
Lithium-ion battery safety is a massive problem.