Enevate Corporation
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Enevate Corporation - overview
Established
2005
Location
Irvine, CA, US
Primary Industry
Energy Storage & Batteries
About
Based in California, US, and founded in 2005, Enevate Corporation operates as an energy and storage company that offers advanced battery capacity within the Li-ion ecosystem. In February 2021, Enevate Corporation raised USD 81 million in series E funding led by Fidelity Investments, with participation from Infinite Potential Technologies and Mission Ventures. Enevate Corporation creates lithium-ion battery technologies with the goal of speeding up the charging of electric vehicles. Furthermore, when compared to traditional graphite-based Li-ion batteries, their advanced battery technology, which primarily uses pure silicon, offers numerous advantages such as rapid charging, high energy density, reliable performance in cold climates, cost-effectiveness, and improved safety.
This technology allows electric vehicle owners to charge their vehicles in the same amount of time it takes to refuel a gasoline-powered vehicle. The investment held in February 2021, plans to enable the company to significantly expand its pre-production line designed to guide EV and other battery customers.
Current Investors
Draper Fisher Jurvetson, Mission Ventures, Tsing Capital
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.enevate.com
Verticals
Clean Technology
Company Stage
Series E
Total Amount Raised
Subscriber access only
Enevate Corporation - employee data
Enevate Corporation - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Co-founder & advisory board member | BM | ||||||
| Board Director | BM |
BM Board Member
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