U.S. DOE announces $47 million in funding for high-risk and potentially disruptive new energy technology projects

January 26, 2021
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As part of the Advanced Research Projects Agency-Energy's (ARPA-E) Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program, the U.S. Department of Energy (DOE) awarded $47 million to fund seven projects led by innovative startups, most of which received a positive Lux Take when we profiled them. While the SCALEUP program claims to focus on "potentially disruptive new technologies across the full spectrum of energy applications," most of the funding went to battery technology development projects followed by those focused on grid modernization. These projects intend to demonstrate the capabilities and disruption potential of innovative technologies, and clients should monitor them closely.

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