We talked to founder Brian Morin to learn more about Soteria in December 2019…
Tell us about your company. What problem are you trying to solve?
Soteria has developed a novel architecture for lithium-ion batteries that greatly improve safety, while also improving cost and energy density. Traditional lithium-ion cells are subject to safety events that can be incredibly costly and dangerous. Soteria’s mission is to end those safety events forever.
How did your company get started?
CEO Brian Morin and CTO Carl Hu founded the company with the idea that this technology could become broadly adopted if they took the right approach. They realized that even in the face of fantastic technical results, the industry wasn’t willing to risk a critical component on one small company. They needed broad adoption and choices. With that in mind, they founded Soteria as an open-innovation industry consortium that pulls together expertise throughout the supply chain to work together to achieve the common goal of safety.
Why is your team well positioned to solve the problem you’re tackling?
Because we aren’t doing this alone. With the help of our consortium, we are bringing together world class expertise in different areas so that no one person has to solve the entire puzzle. We help bring in small companies that have strong innovations and large companies that have the ability to scale up and reach the market.
What’s the biggest lesson you’ve learned along the way?
Establishing and building upon relationships is the key to long-term success. No one company can achieve a goal of ending lithium-ion battery fires by itself. By working together, we can make this technology broadly available, potentially saving the lives of those who would otherwise be caught in those safety events.
What resources do you rely on to help your company grow?
We often rely on the resources of our consortium members. We pick high integrity partners who believe in our purpose and our approach to the industry, such as DuPont, NASA, Mercedes-Benz, Bosch and others. With their help, we have made more progress than we ever could have done by ourselves thanks to their resources and their expertise.