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Solazyme Top Investor Backs Battery Maker Gridtential

Roda Group, the venture capital investor that’s the largest shareholder in the biofuel company Solazyme Inc., is backing a startup using advanced production techniques to improve storage performance of standard lead-acid batteries.

Gridtential Energy Inc. received a $1 million seed investment from Roda, the San Jose, California-based battery company said today in an e-mailed statement. It will use the money to develop and test a prototype product by next year, with the goal of starting commercial sales in 2016, according to Chief Executive Officer Christiaan Beekhuis.