Company: COnovate was founded on December 15, 2016 by Drs. Carol Hirschmugl and Marija Gajdardziska-Josifovska. As a university-incubated startup, with co-founders who are also co-inventors of the foundational patent US Patent 9,236,633 “Synthesis and Applications of Graphene-based Nanomaterials”, 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 demonstrate higher capacity and faster charge rates than graphite.