The battery, made by StoreDot, has slightly shorter life - but can still last about five hours on a two minute charge.
Rather than trying to improve the capacity of the battery itself, the company redesigned the internal structure of the battery so it can charge rapidly, Mashable reported.
By cutting charging time down, the final product will have a recharge time of under two minutes, StoreDot CEO Doron Myersdorf said.
However, the battery is more expensive than typical batteries and Myersdorf anticipates the the device will add about USD 50 to the total cost of a phone.
The company demonstrated a prototype battery at the Consumer Electronics Show (CES) in Las Vegas.