Disrupting the Battery Electrode Manufacturing Process: Our Portfolio Company AM Batteries is Hiring

Toyota Ventures
Toyota Ventures
Published in
3 min readJan 23, 2023
Image courtesy of AM Batteries

Battery demand is expected to reach at least $360 billion globally by 2030 in order to power electric vehicles and balance electric power grids. However, the traditional manufacturing of batteries is particularly energy-intensive. AM Batteries is transforming battery manufacturing by reducing the significant carbon footprint and energy consumption of the electrode fabrication process. The company’s dry-electrode manufacturing process results in a 40% reduction in capital required for electrode equipment investment; a 50% reduction in electricity usage of the plant; and reduced cell cost. In addition, AM Batteries’ electrodes also offer the potential for fast-charging and higher-energy density batteries.

Headquartered in Chelmsford, Massachusetts, the company is seeking to commercialize their technology and transition their roll-to-roll manufacturing pilot line to a production line that can be sampled by customers. Having just raised a $25 million Series A funding round in October, the team is looking to hire for multiple positions. If you are interested in joining a mission-driven team disrupting the electrode manufacturing process of batteries, read on to learn more about AM Batteries open roles on the Toyota Ventures jobs board: Senior Powder Process Engineer, Senior Mechanical Process Engineer and Controller/Accounting Manager.

Senior Powder Process Engineer (Chelmsford, Massachusetts)

Successful applicants will have more than three years of experience working with powder processing and evaluation, with a preference to those who have hands-on experience with Li-ion batteries. Applicants are expected to be a self-motivated individual willing to perform in a dynamically changing environment and have a bachelors or masters in chemical engineering, material engineering, or manufacturing related fields.

In this role, candidates will be responsible for operating the pilot equipment, executing experiments, and documenting process information and results. Additionally, you will be involved in the hands-on operation of powder processing equipment and instruments, evaluation of results, as well as identifying opportunities to improve processes, equipment space, and pilot spaces.

Controller/Accounting Manager (Chelmsford, Massachusetts)

As a controller/accounting manager at AM Batteries, you will maintain and enforce a documented system of accounting policies and procedures, as well as oversee and perform all accounting operations, including: managing accounting records, managing and performing transactions, preparing financial reports, formulating budgets, controlling cost and expenses, and forecasting expenses and revenues. Key responsibilities will also include coordinating and providing information to external auditors for the annual audit, and complying with local, state, and federal government reporting requirements and tax filings. You will also maintain and enforce a documented system of accounting policies and procedures and oversee and perform accounting operations.

Candidates must have a bachelor’s degree in accounting or business administration or equivalent business experience, as well as over five years of progressively responsible experience for a major company or division of a large corporation. Preference will be given to candidates with experience in startup companies as a controller/accounting manager or senior accountant. CPA or CMA experience is a plus.

Learn more about a career at AM Batteries and explore other job opportunities on the Toyota Ventures jobs board. A number of our portfolio companies are also recruiting right now, so be sure to sign up for the Toyota Ventures Talent Network.

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Toyota Ventures
Toyota Ventures

Founded in 2017, Toyota Ventures is a San Francisco Bay Area-based VC firm that invests in early-stage startups from around the world.