SiNode Systems: Battery startup SiNode raises $4.5 million, rebrands company in joint venture

Chicago-based battery technology company SiNode Systems is using a new $4.5 million investment from Tokyo-based chemical company JNC to rebrand its company in a joint venture with the investor. SiNode is now calling itself NanoGraf Corp., and is using JNC's tech and resources to help it commercialize its lithium-ion battery tech, the companies announced Monday. NanoGraf, which will continue to be based in Chicago, makes a battery technology that was initially developed at Northwestern University. The...