Enevate

Enevate is a pioneer in advanced silicon-dominant lithium-ion (Li-ion) battery technology featuring extreme fast charge and high energy density for electric vehicles (EVs) and other markets.

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 was founded in 2005 by Ben Park. The company is headquartered in Irvine, California.

 

Enevate's pioneering advancements in silicon-dominant anodes and cells has resulted in its HD-Energy® and XFC-Energy(TM) 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 works with multiple automotive OEMs and EV battery manufacturers, enabling them to utilize existing manufacturing infrastructure with minimal additional investment, facilitating the next-generation of EVs that will eliminate customer pain points with EV ownership.

 

Enevate is backed by Fidelity Management & Research Company, Renault-Nissan-Mitsubishi (Alliance Ventures), LG Chem, Samsung, Mission Ventures, Draper Fisher Jurvetson, Tsing Capital and others. The company raised $81M in Series E round on Feb 10, 2021. This brings Enevate's total funding to $192.6M to date.

 

 

  • Year founded: 2005
  • Funding Info: $192.6M over 7 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Irvine
  • State: California
  • Country: United States
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