14 Battery Startups

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14 Battery Startups

1) Northvolt

Northvolt is a lithium-ion battery manufacturer specializing in environmentally friendly batteries.

Details of the startup:

• Country: Sweden
• City: Stockholm
• Started in: 2016
• Founders: Paolo Cerruti, Peter Carlsson
• Number of employees: 1001-5000
• Funding amount: $6,040,092,593
• Number of funding rounds: 9
• Number of investors: 48

You can find their website here.

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2) SES

SES is a maker of electric car Hybrid Li-Metal Batteries.

Details of the startup:

• Country: United States
• City: Woburn
• Started in: 2012
• Founders: Qichao Hu
• Number of employees: 251-500
• Funding amount: $225,114,997
• Number of funding rounds: 8
• Number of investors: 17

You can find their website here.

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3) TWAICE

TWAICE is a battery business that creates analytics tools to improve battery transparency and predictability.

Details of the startup:

• Country: Germany
• City: Munich
• Started in: 2018
• Founders: Michael Baumann, Stephan Rohr
• Number of employees: 51-100
• Funding amount: € 35,500,000
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

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4) Enevate

Enevate is a rechargeable energy storage technology firm that provides revolutionary Li-ion battery capacity.

Details of the startup:

• Country: United States
• City: Irvine
• Started in: 2005
• Founders: Benjamin Park
• Number of employees: 51-100
• Funding amount: $192,600,000
• Number of funding rounds: 7
• Number of investors: 11

You can find their website here.

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5) Form Energy

Form Energy is working on a low-cost battery technology that can store wind and solar energy for extended periods of time.

Details of the startup:

• Country: United States
• City: Somerville
• Started in: 2017
• Founders: Marco Ferrara, Mateo Jaramillo, Ted Wiley, William Woodford, Yet-Ming Chiang
• Number of employees: 101-250
• Funding amount: $125,000,000
• Number of funding rounds: 3
• Number of investors: 11

You can find their website here.

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6) SoundBoks

SoundBoks is a hardware firm based in Copenhagen that creates and sells battery-powered speakers.

Details of the startup:

• Country: Denmark
• City: Copenhagen
• Started in: 2015
• Founders: Christoffer Nyvold, Hjalte Emilio Wieth, Jesper Theil Thomsen
• Number of employees: 11-50
• Funding amount: $13,748,945
• Number of funding rounds: 5
• Number of investors: 7

You can find their website here.

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7) Oyika

Oyika is a Singapore-based startup that develops electric vehicle battery swapping and charging infrastructure.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2018
• Founders: Lee Jinsi
• Number of employees: 1-10
• Funding amount: $100,000,000
• Number of funding rounds: 1

You can find their website here.

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8) Pure EV

Pure EV is a firm that was started at IIT Hyderabad.

Details of the startup:

• Country: India
• City: Hyderabad
• Started in: 2016
• Founders: Nishanth Dongari, Rohit Vadera
• Number of employees: 1-10
• Funding amount: $35,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

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9) Evergen

Smarter energy is made possible with Evergen software.

Details of the startup:

• Country: Australia
• City: Newcastle-AUS
• Started in: 2015
• Founders: Ben Hutt, Nick McGrath
• Number of employees: 51-100
• Funding amount: $11,809,467
• Number of funding rounds: 3
• Number of investors: 5

You can find their website here.

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10) Livguard

Livguard is an inverter and battery company.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2014
• Number of employees: 101-250
• Funding amount: ₹2,200,000,000
• Number of funding rounds: 1
• Number of investors: 2

You can find their website here.

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11) GBatteries

GBatteries is a company that creates sophisticated fast charging technology and is supported by some of the world's most prestigious investors.

Details of the startup:

• Country: Canada
• City: Ottawa
• Started in: 2013
• Founders: Alex Tkachenko, Kostya Khomutov, Nick Sherstyuk, Tim Sherstyuk
• Number of employees: 11-50
• Funding amount: $3,916,485
• Number of funding rounds: 6
• Number of investors: 13

You can find their website here.

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12) Phylion Battery

Phylion Battery is a lithium-ion battery producer for electric vehicles.

Details of the startup:

• Country: China
• City: Suzhou
• Started in: 2003
• Founders: Liquan Chen
• Number of employees: 501-1000
• Funding amount: $200,216,428
• Number of funding rounds: 3
• Number of investors: 7

You can find their website here.

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13) YinLong Group

Lithium batteries, materials, power supplies, and electric vehicles for public transportation are all manufactured and supplied by the YinLong Group.

Details of the startup:

• Country: China
• City: Zhuhai
• Started in: 2008
• Founders: Yincang Wei
• Number of employees: 1-10
• Funding amount: $432,000,000
• Number of funding rounds: 1
• Number of investors: 2

You can find their website here.

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14) HyperStrong

HyperStrong is a Chinese developer of integrated battery management and energy storage solutions.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2011
• Founders: Hao Qian, Jianhui Zhang, Peng Shu
• Number of employees: 11-50
• Funding amount: $88,842,682
• Number of funding rounds: 3
• Number of investors: 3