ENEREVER

About ENEREVER

Founded in 2012, Enerever Battery Solution is a South Korean company that manufactures core materials and parts for secondary batteries. The company, led by CEO Shin Sang-ki, specializes in producing separators with various coating technologies designed to enhance battery safety. Enerever's primary product is a premium separator that utilizes a water-based coating, which ensures uniform thickness without particle aggregation. This technology offers key benefits such as high heat resistance, safety, impregnability, low moisture, and low surface resistance.

The company is headquartered in Wanju, South Korea, with additional factories in Hwaseong and Chungju. In 2021, Enerever announced a significant investment of 127.6 billion won to construct a new factory in Wanju by 2026, which will also serve as its main headquarters and is expected to create 220 new jobs. The company serves manufacturers in the electric vehicle (EV), mobile phone, and e-bicycle sectors.

Enerever is a privately held, venture capital-backed company, having completed multiple funding rounds, including a Series A in April 2021 and a Series B in April 2022. Its investors include Kiwoom Investment, Kingo Investment Partners, AJU IB Investment, Industrial Bank of Korea, and Stonebridge Ventures. As of December 31, 2023, its annual revenue was reported as 1.11 billion KRW. The company is preparing for an eventual Initial Public Offering (IPO).