Ukrainian-founded startup SorbiForce, led by co-founder and CEO Serhii Kaminskyi, has raised over $270,000 through the crowdfunding platform StartEngine.
According to the platform, the campaign attracted 183 investors, with a minimum investment threshold of $500. The company’s reported valuation stands at $20 million.
SorbiForce was founded in Ukraine in 2017 and is currently registered in Delaware, USA. The startup’s LinkedIn page describes the product as “the world’s first non-metal eco-battery,” noting that most conventional batteries rely on rare earth metals such as lithium.
The battery is claimed to be highly cost-effective, completely safe, environmentally neutral, and made from renewable materials.
SorbiForce states that its mission is to enable a global transition to renewable energy through the creation, adoption, and worldwide distribution of non-metallic batteries in the energy storage sector.
