Company type | Private |
---|---|
Founded | December 29, 2008 |
Defunct | August 1, 2018 |
Headquarters | , |
Key people | Matthew L. Scullin (CEO and co-founder)[1] |
Products | Thermoelectric generators |
Number of employees | 35 |
Website | www |
Alphabet Energy was a startup company founded in 2009 at the University of California, Berkeley by thermoelectrics expert Matthew L. Scullin[2] and Peidong Yang.[3] The company uses nanotechnology and materials science applications to create thermoelectric generators that are more cost effective than previous bismuth telluride-based devices. The company is based in Hayward, California. It started with a license to use silicon nanowire developed at Lawrence Berkeley National Laboratory.[4][5][6][7] They moved from UC Berkeley to offices in San Francisco in 2011, and later to Hayward.[8]
Alphabet has a number of patents related to the capture of waste heat for purposes of electricity generation.[9] The company is working with tetrahedrite, a common mineral with thermoelectric properties.
2011's The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses describes Alphabet Energy's approach to product development as an example of the successful practice of the book's principles. Author Eric Ries is on Alphabet's advisory board.[10]
Alphabet has raised over $35 million in venture capital funding from Claremont Creek, TPG Capital, Encana[11] and the California Clean Energy Fund. They were chosen as a 2014 World Economic Forum Technology Pioneer [12] and as a 2015 IHS CERAWeek Energy Innovation Pioneer. In 2016, Schlumberger Ltd. led a $23.5 million round to help the company expand production of its Power Generating Combustor (PGC) system, which helps to reduce the impact of natural gas flaring. Alphabet, whose investors also have included Encana Corp., said Schlumberger participated with GM Ventures, and others.[13]
Alphabet Energy ceased operation on 2018 Aug. 1st, and was sold to Synergy Fuels.[14]
The company’s name, based on the word alpha, comes from its use as a term for a Seebeck coefficient, and has no relation to the Google holding company, Alphabet Inc., as it was founded before Google adopted the Alphabet moniker.
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