How a New Jersey startup found an electrifying way to slash copper costs

Key Points: 1. New Jersey startup, Still Bright, has developed a new technology that can reduce the use of copper in electrical systems by up to 70%. 2. The company has recently raised $18.7 million in seed funding to build a demonstration unit for their innovative solution. 3. Copper is a critical component in electrical infrastructure, but its prices have been volatile, driving up costs for manufacturers and consumers. 4. Still Bright's technology uses an alternative material that can perform the same functions as copper at a lower cost, without compromising performance or efficiency. 5. The startup's goal is to disrupt the traditional copper-based electrical systems and provide a more affordable and sustainable solution for the industry. 6. The funding will enable Still Bright to scale up its operations and further refine its technology to meet the growing demand for cost-effective and eco-friendly electrical systems.
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