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Advanced Simulation Software With Patented Method Optimised For Battery Development

Project description

Redefining battery development through simulation

Battery development today relies heavily on costly and labour-intensive laboratory experiments, characterised by extensive trial-and-error approaches. This method not only consumes significant resources but also lacks scalability, hindering innovation in the rapidly evolving field of energy storage. With this in mind, the EIC-funded COMPULAR project will apply advanced Molecular Dynamics (MD) simulation software tailored for battery research and development (R&D), COMPULAR aims to revolutionise the process. This innovative approach promises to replace much of the conventional laboratory work with simulation-based methods, enabling quicker, more cost-effective optimisation of battery materials. Anticipated milestones include algorithm enhancements, secure cloud architecture, and rigorous customer validations, paving the way for COMPULAR to set a new industry standard by 2027.

Objective

Today, battery development is done via extensive trial-and-error laboratory experiments. It is extremely costly and not scalable. Compular has developed an advanced Molecular Dynamics (MD) simulation software, tailored to battery R&D, that enables replacing much of the tedious laboratory process with a simulation-based approach. Compular’s innovation lies in its patented method for the analytics of MD simulation outputs to provide automated detection of bonds and structures which can be analysed using Statistical Physics, Density-Functional Theory and Machine Learning. This enables R&D teams, even those without computational chemists, to optimise their materials by observing trends in properties before laboratory validation, saving lots of time and money in the process. The current pilot projects with EU-leading battery developers have highlighted improvements to be implemented in the simulation and user experience to fulfil our commercial potential.

In this accelerator project, we will conduct key activities to bring Compular to TRL9 and start commercialisation. Planned critical developments include:
(i) further enhancing our algorithms, simulation methods and machine learning capabilities
(ii) improving the user experience with a local version of the software (for use on a local computer, without the cloud), increased cloud architecture’s security as well as a demo version.
(iii) customer validations through the use of Compular in the customer environment and comparison with experimental results. This is particularly critical, as it will demonstrate the ability of Compular simulations to replace much of the time-consuming and expensive laboratory work.

The successful completion of this Accelerator project will lead to Break even on EBITDA level in 2027 with EBITDA of 5.2 MEUR and 9.8 MEUR turnover and Compular becoming the new gold standard for battery development.

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

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(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01

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Coordinator

COMPULAR AB
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 328 679,00
Address
VASAGATAN 5B
41124 GOTEBORG
Sweden

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Södra Sverige Västsverige Västra Götalands län
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 326 685,00
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