30 Most Innovative Companies 2019

Cadenza Innovation, Inc.: A leader in battery innovation

With each passing year the electric vehicle (EV) industry is gaining more prominence. Electric is undoubtedly the way forward for automobile as humanity continues to deplete its conventional energy sources. But the electric vehicle industry still has some issues to sort out when it comes to the batteries it uses to power these vehicles. One of the companies leading the innovation on this front is Cadenza Innovation, a company based out of Wilton, Connecticut.

Founded in 2012, Cadenza Innovation is led by Christina Lampe-Onnerud, one of the most eminent battery experts in the world. Cadenza Innovation is the leader in battery architecture, performance and safety.

The story of Cadenza Innovation begins when Lampe-Onnerud moved on from Boston-Power after the company moved its operations to China. Lampe-Onnerud and her husband went on to work with what would be Cadenza’s supercell architecture. Together, the couple had the vision of creating a solution which would help in lowering the world’s carbon footprint.

Cadenza Innovation derived its name from the world of music where “cadenza” refers to the moment in a musical piece where the performing artist is allowed to express himself/herself. The company reasons that its team is like a unique ensemble which can provide unique perspectives. Cadenza is quite simply a company that seeks the combination of creativity and deep industry knowledge which drives the solutions into the global energy markets.

Partnership with BAK

2018 was a momentous year for Cadenza Innovation as it struck a strategic partnership with BAK Battery, one of China’s largest lithium ion battery manufacturers. The partnership benefited BAK Battery through the usage of Cadenza’s innovative new battery module architecture.

The Li-ion battery manufacturers in the recent years have had to deal with the problem of coming up with better battery architectures which would give them a higher energy density and at lower energy costs. In addition, safety has also become a top priority. This demand was driven especially by the electric vehicle (EV) and consumer electronics industries. The partnership between Cadenza Innovation and BAK Battery is aimed at bridging this gap by initiating the industrialization of the supercell technology to have a profound impact on lithium battery segment.

The partnership between the two companies is undeniably one of the best stories you will hear about U.S.-China partnership in these turbulent times.

Being recognized by the World Economic Forum

The World Economic Forum is the world’s foremost organization for Public-Private Cooperation. It has played a significant part in improving the state of the world by engaging the best people in politics, business and industries to shape the global and regional agendas. Its annual New Champions meeting is highly regarded as one of the best global summits for innovation, science and technology.

In 2018, the World Economic Forum’s Annual Meeting of the New Champions was organized in Tianjin, China. Here, Cadenza Innovation was honoured as a 2018 Technology Pioneer. The award was accepted by the CEO Christina Lampe-Onnerud at a ceremony. Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum said: “We welcome Cadenza Innovation into this impressive community of Technology Pioneers.”

Being recognized by the World Economic Forum as a Technology Pioneer is considered to be one of the best recognitions. The past recipients of the recognition include the likes of Airbnb, Google, Mozilla, Spotify, Twitter and Wikimedia.

Queen of Batteries

Christina Lampe-Onnerud, CEO and Founder

Dr. Christina Lampe-Onnerud is one of the foremost battery experts in the world. Her pioneering work is acknowledged by the global energy storage industry. Prior to Cadenza Innovation, she founded Boston-Power in 2004. She served as Boston-Power’s CEO until the company moved its operations to China.

She is the Board Director for NYBEST and World Economic Forum Battery Alliance. She also co-chairs for World Economic Forum Future Energy Council. Due to her work with batteries she also received the Technology Pioneer Award from the World Economic Forum. The Swedish Women’s Educational Association recognized her as the Swedish Woman of the Year in 2011. She has 17 patents to her name and is famously known as Queen of batteries.

She earned her B.Sc in Chemistry and Calculus from the Uppsala University, Sweden. She has a PhD in Inorganic Chemistry. She was a Post-Doctoral Fellow at MIT, Cambridge, MA.

Entry into the Australian market

Earlier this year, Cadenza Innovation announced a licensing agreement with Australia’s Energy Renaissance. The agreement gave a company an opportunity to enter a new location. The agreement with Energy Renaissance meant that Cadenza innovation’s technology and design along with industry experience would help the former boost its manufacturing and sales capacity.

Cadenza’s cell design combines the best properties from wound jelly rolls and large prismatic cells and allows for game-changing high energy density at low cost for EV, PHEV and grid markets.

Through innovation and deep battery industry experience, Cadenza’s work is world-leading.

Cadenza Innovation is not just a name – it’s an expression of the culture underpinning our company.