Company Profile

COnovate Inc (AKA: SafeLi LLC)
Profile last edited on: 2/17/2023      CAGE: 7RSW3      UEI: EYK5GEYYCVJ4

Business Identifier: Novel carbon-based nanomaterial - form of solid carbon monoxide (CO)
Year Founded
First Award
Latest Award
Program Status
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Location Information

1408 East Olive Street
Shorewood, WI 53201
   (414) 248-0846
Location: Single
Congr. District: 04
County: Milwaukee

Public Profile

COnovate Inc, - formerly dba SafeLi LLC, - is commercializing a new material developed by the firm's two co-founders. An anode material for lithium-ion batteries, the patented material is designed to enable safer performance, faster charging (6x) and high capacity (2x). Also suggested as working well with incumbent materials -- graphite and graphite:silicon -- and battery designs enabling seamless adoption. Initially produced at milligram levels in 2017 when firm was founded, COnovate has developed a scalable, cost-effective production recipe for the material and suffest that shortly they will have the capability to deliver 10 kgs to partners for validation testing. As a university-incubated startup, with co-founders who are also co-inventors of the foundational patent, COnovate has secured an exclusive royalty-bearing, worldwide license to develop and commercialize product(s) covered by the licensed patent in all fields of use, with initial focus on Lithium Ion Batteries. These materials are based on abundant, non-toxic starting materials that offer low-cost, safer and higher capacity alternatives to graphite-only anode batteries. Batteries with the patented materials are als onoted to have demonstrated higher capacity and faster charge rates than graphite.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
Revenue Range
VC funded?
Privately Held
Stock Info
IP Holdings

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2022 1 USDA $181,500
Project Title: Domestic Bio-Renewable Products as New Supply Chain for Advance ECOphite Battery Anode Materials
2022 2 NSF $1,225,000
Project Title: Graphene monoxide anodes for extreme batteries
2019 2 DOE $1,204,634
Project Title: High-Energy Safe Anodes for Lithium Ion Batteries

Key People / Management

  Carol Hirschmugl -- President and CEO

  Marija Gajdardziska-Josifovska -- CTO and Co-Founder

  Jeff Moore -- Strategy and Commercial Development

  Craig Rigby -- Board Member

  Marvin Schofield -- Senior Project Manager of Operations