Enevate Corporation

Enevate Corporation

Founded 2005

Irvine, United States 74 employees Series E Total: $192.60M Energy, Manufacturing +2

Enevate Corporation is a leading developer of advanced silicon-dominant Li-ion battery technology for electric vehicles (EVs). The company's vision is to enable rapid charging of EVs, akin to refueling gas cars, to accelerate their mass adoption. Enevate's pioneering advancements in silicon-dominant anodes and cells have resulted in its HD-Energy® and XFC-Energy(TM) technology, featuring 5-minute extreme fast charging, high energy density, low temperature operation for cold climates, and cost and safety advantages over conventional graphite Li-ion batteries.

With a portfolio of over 250 patents issued and pending, Enevate has garnered significant support, raising 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, founded in 2005, is headquartered in Irvine, California.

Enevate's last investment was an $81.00M Series E investment on 10 February 2021, with Mission Ventures, Fidelity, Infinite Potential Technologies participating as investors. The company operates in the industries of Energy, Manufacturing, Renewable Energy, and Energy Storage. Enevate is continually seeking top talent to join its team of scientists and engineers, with current job openings available on their website.

Funding Stage	Amount	Investors	Lead Investors	Date
Series E	$81.00M	3	Mission Ventures, Fidelity +1	10 Feb 2021
Corporate Round	Undisclosed	1	Bangchak	16 Apr 2019
Series D	$6.00M	1	LG Chem	16 Oct 2018
Venture Round	$21.50M	1	Bangchak	25 Sep 2018
Series C	$13.80M	4	Mission Ventures, Samsung Ventures +2	15 Mar 2017
Series B	$65.00M	6	Presidio Ventures, Mission Ventures +4	10 Aug 2011
Series A	$5.30M	-		10 Apr 2010

Funding Stage

Amount

Investors

Lead Investors

Date

Series E

$81.00M

Mission Ventures, Fidelity +1

10 Feb 2021

Corporate Round

Undisclosed

Bangchak

16 Apr 2019

Series D

$6.00M

LG Chem

16 Oct 2018

Venture Round

$21.50M

Bangchak

25 Sep 2018

Series C

$13.80M

Mission Ventures, Samsung Ventures +2

15 Mar 2017

Series B

$65.00M

Presidio Ventures, Mission Ventures +4

10 Aug 2011

Series A

$5.30M

10 Apr 2010

FAQ About Enevate Corporation

Enevate Corporation 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 has resu...

Enevate Corporation was founded in 2005.

Enevate Corporation is headquartered in Irvine, United States.

Enevate Corporation operates in Energy, Manufacturing, Renewable Energy and Energy Storage. Its work centres on Electric Vehicles, Li-ion Batteries, Battery Technology and Fast Charging.

Enevate Corporation has approximately 74 employees.

Enevate Corporation has completed 7 funding rounds, raising a total of $192.60M. The latest funding stage is Series E.

Top alternatives and competitors to Enevate Corporation include E-magy, GDI, ADVANO, GruEnergy, Ionic Mineral Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Enevate Corporation and E-magy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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