E
Enevate
Transportation · Irvine, United States · Founded 2005
A leading advanced Lithium-ion battery company MoreLess
Enevate is a pioneering startup in the electric vehicle (EV) industry, specializing in the development of advanced battery technology. The company's primary offering is a unique, silicon-dominant battery technology that charges EVs as quickly as refueling a traditional gas car. This technology is a game-changer in the EV market, as it addresses one of the main concerns of potential EV buyers - long charging times.
Enevate's technology also offers several other advantages. It can be integrated into existing manufacturing facilities, making it cost-effective for manufacturers. The materials required are cheaper, and the manufacturing process reduces the CO2 footprint, making it a more sustainable option. Furthermore, the batteries have a high energy density, providing up to 30% more range and energy, and perform 100% better in cold climates.
The company's innovative approach has been recognized with several prestigious awards, including Frost & Sullivan’s Technology Innovation Leadership Award for the North American EV Battery market and Cleantech Group’s 2021 Global Cleantech 100 Company.
Enevate's business model is likely based on partnering with EV manufacturers to integrate their technology into new vehicles. This could involve licensing agreements, joint ventures, or direct sales of their batteries. The company's potential clients would be EV manufacturers looking to improve the performance and convenience of their vehicles.
In summary, Enevate is a promising startup in the EV industry, offering innovative, fast-charging, and energy-efficient battery technology that could revolutionize the market.
Keywords: Electric Vehicles, Battery Technology, Fast Charging, Energy Efficiency, Silicon-Dominant Batteries, Sustainable Manufacturing, High Energy Density, Cold Climate Performance, EV Industry Innovation, Award-Winning Technology.
Company overview
Enevate company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2005
- Headquarters
- Irvine, United States
- Employees
- 44
- Open positions
- 1
- Dealroom signal
- 63.1
Valuation & funding
Enevate funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES EOther financing | Feb 2021 | $81M | $324M | Fidelity Investments · Mission Ventures · Infinite Potential Technologies | — |
| LATE VCOther financing | Apr 2019 | $0 | — | Bangchak | — |
| LATE VCOther financing | Sep 2018 | $22M | $86M | Alliance VC · Bangchak | — |
| SERIES DOther financing | Aug 2018 | $6M | $24M | Undisclosed | — |
| SERIES COther financing | Mar 2017 | $14M | $55M | Samsung Electronics · Presidio Ventures · LG Chem · Samsung Ventures | — |
| SERIES BOther financing | Aug 2011 | Mike Lazaridis · Mission Ventures · Tsing Capital | — | ||
| SERIES AOther financing | Apr 2010 | Undisclosed | — | ||
| SPINOUTOther financing | Jan 2005 | University of California, Irvine | — |
Growth signals
Enevate website traffic
Latest recorded traffic for Enevate is 2.3K monthly website visits, up 53.3% over the last three months. Enevate's team declined 39.7% over the past year.
Comparisons
Enevate compared with similar companies
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Talent graph
Enevate's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Enevate has talent and traffic
team presence
In the news
Latest news about Enevate
Recent press, funding announcements, and product moves mentioning Enevate — open to read from the original sources.
Market sentiment
What the market is saying about Enevate
An AI-synthesized read of the highest-engagement posts about Enevate on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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