Donut Lab's Battery Claims Reportedly Subject Of Whistleblower Complaint

Startup Donut Lab made a scatter astatine nan commencement of nan twelvemonth pinch immoderate astonishing — and suspicious — claims astir its coagulated authorities batteries. Now Finnish newspaper Helsingin Sanomat reports an individual has revenge a criminal whistleblower title against nan institution complete those claims.

Until recently, Lauri Peltola was listed arsenic nan Chief Commercial Officer astatine Nordic Nano — nan patient reportedly contracted to grip portions of nan manufacturing connected Donut's behalf, and which Donut Lab has invested in. He reportedly revenge a criminal title that Donut Lab’s promises of power density and longevity person been overstated and that nan institution lacks nan accumulation capacity antecedently claimed.

HS suggests it has seen copies of soul communications betwixt Donut Lab and 2 partner companies, CT-Coating and Nordic Nano. The insubstantial says that CT-Coating’s first-generation artillery is nan 1 that Donut Lab has been advertising, and is nan exemplary it handed to Finnish nationalist laboratory VTT to test. But, according to nan emails viewed by HS, CT-Coating had abandoned improvement connected that compartment successful favour of a 1 still successful early development, contempt Donut Lab’s claim successful January that it had a exertion fresh to participate wide production.

Donut Lab CEO Marko Lehtimäki reportedly told HS he had nary knowledge of Peltola’s complaint. Nordic Nano CEO Esa Parjanen, meanwhile, denied Peltola’s accusations, saying that his views were not shared by nan institution and that Peltola had nary engagement pinch Nordic’s artillery project. In a associated public statement Donut Lab and Nordic Nano stated they "do not cognize nan nonstop quality of nan complaint" but denied "having committed immoderate crime aliases misleading investors." They besides picture nan complainant (presumably Peltola, though nan connection does not sanction him) arsenic not having "the basal knowledge of artillery exertion aliases nan wide image of nan improvement work."