Enevate is a rechargeable energy storage technology company delivering innovative battery capacity in Li-ion ecosystem.
Enevate develops and licenses advanced silicon-dominant Li-ion battery technology for electric vehicles (EVs), with a vision to charging EVs as fast as refueling gas cars and accelerating their mass adoption. Enevate's pioneering advancements in silicon-dominant anodes and cells have resulted in its XFC-Energy® and HD-Energy® technology that features 5-minute extreme fast charging with high energy density, low temperature operation for cold climates, low cost and safety advantages over conventional graphite Li-ion batteries. Enevate, with a portfolio of 250 issued and in process, has raised over $110M from investors including Renault-Nissan-Mitsubishi (Alliance Ventures), LG Chem, Samsung, Mission Ventures, Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies, Presidio Ventures – a Sumitomo Corporation company, Lenovo, CEC Capital, Bangchak, and others. The company has its global headquarters in Irvine, California. For more information go to www.enevate.com.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 10, 2021 | Series E | $81M | 3 | Fidelity Management and Research Company | — | Detail |
Apr 16, 2019 | Corporate Round | — | 1 | Bangchak | — | Detail |
Oct 16, 2018 | Series D | $6M | 1 | LG Chem | — | Detail |
Sep 25, 2018 | Series Unknown | $21.50M | 1 | — | — | Detail |
Mar 15, 2017 | Series C | $13.80M | 4 | Samsung Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Fidelity Management and Research Company | Yes | Series E |
Bangchak | Yes | Corporate Round |
LG Chem | Yes | Series D |
Samsung Ventures | Yes | Series C |
Infinite Potential Technologies | — | Series E |
Mission Ventures | — | Series E |
Tsing Capital | — | Series C |
Lenovo | — | Series B |
CEC Capital Management LLC | — | Series B |
Presidio Ventures | — | Series B |