Enevate

company

About

Enevate is a rechargeable energy storage technology company delivering innovative battery capacity in Li-ion ecosystem.

Details

Last Funding Type
Series B
Last Funding Money Raised
$65M
Industries
Battery,Electric Vehicle,Energy,Energy Storage,Manufacturing,Renewable Energy
Founded date
Jan 1, 2005
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Enevate Corporation

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$192.60M
Enevate has raised a total of $192.60M in funding over 2 rounds. Their latest funding was raised on Feb 10, 2021 from a Series E round.
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

Employee Profiles

Number of Employee Profiles
9
Enevate has 9 current employee profiles, including Board member Robert Rango
Board member
Executive
Executive
Executive
Executive