New Orleans Tech Startup Advano Raises $18.5 Million

Local business boosters cheered when news broke last month that upstart tech company Advano – founded by New Orleanian Alexander Girau – had raised $18.5 million to fund efforts to create a patented form of powdered silicon that will improve the performance of the lithium-ion batteries that power everything from your neighbor’s brand-new Tesla to the iPhone in your pocket.

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