Background
Ocean Tomo was approached by a bleeding edge battery design and manufacturing company looking to raise capital using its intellectual property (IP) portfolio as collateral. To support the Company’s borrowing activities, management required an independent technical analysis and valuation of its patents and trade secrets related to lithium metal battery technology. The Company’s battery technology demonstrated ultra-high energy density combined with a long-life cycle, making it ideally suited for electric vehicles (EVs), unmanned aerial vehicles, and numerous other markets.
Given the advanced nature of the Company’s IP and management’s desire for a robust valuation, the Ocean Tomo team collaborated with technical experts in EV battery technology. The subject matter expert provided an additional layer of insight into both the technical elements of the technology as well as its commercial viability and place within the ecosystem. This engagement demonstrates the benefit of our firm’s multi-disciplinary approach to intellectual property client engagements, combining financial, scientific, and technical expertise, to provide clients with a holistic analysis of their IP.
Engagement
Ocean Tomo’s role as valuation advisor during this engagement included a financial, industry, and technical review of the Company’s IP. This provided investors with the reassurance and peace of mind to invest in the Company. The multi-disciplinary team’s ability to analyze the IP from multiple angles allowed us to provide a robust analysis to the Company and its investors.
Results
Ocean Tomo’s holistic analysis was instrumental in the Company’s successful capital raising efforts, allowing it to continue its ongoing research, development, and manufacturing activities.