SACRAMENTO, CA – Coreshell Technologies has won the top prize at the Startup World Cup Grand Finale, hosted by Pegasus Tech Ventures. Coreshell Technologies develops affordable, scalable batteries with metallurgical silicon anodes, delivering longer range and lower costs for electric vehicles.
Coreshell Technologies’ journey from regional startup to global success exemplifies the mission of the state’s SCALE (Success, Capital Access and Leadership for Entrepreneurs) Network. A key partner in this effort, the East Bay Small Business Development Center (SBDC), provided Coreshell with no-cost advising, training, and capital readiness support leading up to its competition win. Coreshell also secured a multi-million-dollar award from the California Energy Commission to advance domestically sourced battery manufacturing.
Coreshell triumphed in one of the largest global startup competitions, competing against more than 10,000 competitors from 100 regions around the world. Two other California-based startups were also featured among the top ten finalists:
- GO TO-U (Los Angeles): EV charging management software that optimizes operations and driver experience
- Macro Cycle (San Francisco): Circular plastics and textile with zero carbon emissions at cost parity
California has the #1 zero-emission vehicles market in the U.S., with over 2.47 million ZEVs sold to date and a record-breaking 124,755 ZEVs purchased in the third quarter of 2025.
California-based companies like Coreshell are helping transform not only the electric vehicle industry, but also enabling more efficient battery technology for a range of other commercial applications, including robotics. Coreshell’s low-cost, high-performance battery product harnesses the potential of metallurgical silicon, which has ten times the capacity of current battery anodes, to deliver 30 – 40% higher energy density and significantly lower costs – paving the way for more affordable electric vehicles and energy storage systems.
