Nyobolt Limited

Nyobolt Limited, based in the United Kingdom, specializes in high-power battery technology that offers ultrafast charging capabilities and long cycle life, targeting industries such as electric vehicles and robotics. Founded in 2020, Nyobolt Limited operates from its headquarters in Cambridge, UK, focusing on innovative battery solutions. The company has successfully completed five deals, with the most recent funding round occurring on April 16, 2025, where it raised GBP 22. 6 million.

This round was co-led by Latitude Ventures and returning investor IQ Capital, with participation from new investors including Takasago Industry Co. , Ltd. and Scania CV AB. The founders of Nyobolt include Clare Grey, Kent Griffith, and Sai Shivareddy, who serves as the CEO.

Nyobolt specializes in high-power battery technology designed to deliver ultrafast charging capabilities alongside a long cycle life. Their core product offerings include batteries that can withstand over 25,000 charging cycles without significant degradation, making them ideal for high-demand applications such as electric vehicles and industrial robotics. Nyobolt's batteries enable electric vehicles to charge from 10% to 80% in less than five minutes, addressing the critical need for reduced downtime in transportation. The company serves a wide range of customers, including manufacturers of electric vehicles, industrial robots, and heavy-duty machinery, across diverse geographical markets such as Europe, North America, and Asia-Pacific.

By focusing on performance and longevity, Nyobolt aims to revolutionize battery technology for sectors where rapid charging and durability are paramount. In 2023, Nyobolt reported revenue of GBP 83,343. 70, while the EBITDA for the same year stood at GBP -24,547,815. 90.

The company operates on a B2B model, forming partnerships with manufacturers and businesses that integrate their batteries into their products, typically through bulk sales agreements. In April 2025, Nyobolt Limited raised GBP 22. 6 million in venture funding to scale production of its battery technology, expand into new markets, and grow its engineering and commercial teams. The company is targeting expansion into additional markets, leveraging the recent funding to support the development of upcoming products designed to further enhance battery performance and efficiency.