Enevate

Enevate

Team size: 51 - 200

Sector: Transportation and mobility

About Enevate


Founders: Benjamin Park

Founded date: 2005

Connect: enevate.com

Company revenue: US$ 100 - 500 million

Investors: Fidelity Management and Research Company, LG Chem, Lenovo, Presidio Ventures, Samsung Ventures

Company stage: Series C Plus

Enevate 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 have resulted in its XFC-Energy and HD-Energy technology that features 5-minute extreme fast charging with high energy density, low temperature operation for cold climates, low cost and safety advantages over conventional graphite Li-ion batteries. Enevate, with a portfolio of 250 issued and in process, has raised 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 has its global headquarters in Irvine, California. For more information go to www.enevate.com.

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