Fast Company Names Sol Chip One of the “Most Innovative Companies 2016”

Congratulations to portfolio company Sol Chip. The company appears on Fast Company’s Most Innovative Companies of 2016 list.

Sol Chip battery

The Everlasting Solar Battery from SolChip

SolChip appears as #5 in the Energy sector, after Tesla Motors, SolaRoad, Toyota, and Janicki Bioenergy.

Here’s the full company profile from Fast Company:

SolChip is an Israeli startup that has created a solar battery with “everlasting” power. The battery can recharge itself to power devices, eliminating the need to replace the power source. This is important for the growing Internet of Things industry–SolChip is estimated to reduce the platform costs of IoT by 60% (compared to alternatives on the market). In 2015, it won “Most Innovative Startup Company in Israel” at Innovex Disruption, and raised $5 million in funding. The battery is being integrated into smart streetlamps being produced in Israel this year.

See the full list of Most Innovative Companies of 2016 on Fast Company.

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