BrightVolt positions itself as a leader in the development of ultra-thin, flexible lithium polymer batteries and power-efficient microelectronics for IoT applications. Founded in 1998, the company has built a solid foundation in the manufacturing and energy storage industries, maintaining a strong focus on innovation and technological advancement.
The company's expertise is reinforced by its recapitalization on November 13, 2013, highlighting a strategic reinforcement of its financial and operational capabilities. The last significant financial injection came on October 6, 2021, with a $16.00M Series B investment from reputable investors New Science Ventures and Caterpillar Ventures, signaling robust confidence in its growth potential and technological acumen.
With no specified headquarter, BrightVolt demonstrates a broad operational scope, leveraging its industry standing to cater to a diverse IoT clientele.