Rivus is a cleantech start-up on a mission to help speed up the low carbon transition. The technology behind Rivus batteries is the result of the work and research of founder Cedrik Wiberg.
Cedrik’s journey began in 2016 when he decided to quit his job as an engineer because he wanted to do more meaningful work. Like so many other concerned citizens, Cedrik wanted to help tackle the climate crisis. Deciding to pursue a PhD, he started to research organic redox flow batteries. This was an area where there was room for innovation to develop environmentally friendly technologies.
Determination to develop a technology that could provide society with a greener alternative to standard batteries led to early success. Testing of one organic molecule demonstrated strong performance and this became the foundation for Rivus’ technology.
This exciting discovery kickstarted the formation of Rivus, the company.
Rivus’ technology has been developed alongside Cedrik’s research career giving it a solid scientific foundation. In its early stages, Rivus was helped by the support and encouragement of other academics and experts in related fields. InnoEnergy was an early investor and believer in Rivus.
This support and growing confidence in Rivus technology led to another major breakthrough. The discovery of a way to bind CO2 as a resource for the battery meant that it would have a lower environmental impact than initially thought.
Rivus was founded and incubated by InnoEnergy
Demonstrated a flow battery system that is stable over 1000s of cycles
Scaled up process from 100 grams to 100 kgs
Received grants totalling over 300 000 eur from Swedish Energy Agency, Vinnova, InnoEnergy and ALMI
Validate organic electrolyte in a commercial 4kWh flow battery system
Scale up production process and deploy 250-500 kWh in demonstration projects
Optimized production process
First production plant in operation with an electrolyte price level of <75 €/kWh