Corporate + Startup Partnership
The startup
Titan Advanced Energy Solutions borrows principles from astrophysics to create a battery management system that is faster, more accurate, and less expensive than the current standard.
The partnership
The Bold Ideas Challenge, a Greentown Launch program, was a platform for the startup and corporate to thoroughly explore both how Titan could position its ground-breaking battery management system to best suit Schneider Electric’s needs and how Schneider Electric could orient itself to take full advantage of Titan’s technology. During this time, the startup and corporate spent significant time learning about each other’s needs and setting goals together. Ultimately, they identified energy storage as value proposition, and Schneider Electric co-led Titan’s $10 million Series A.
Want to learn more? Check out what Schneider Electric and Titan have to say about their partnership!