T
Tiveni
Licensable, fire-safe, and replaceable EV battery systems
About Tiveni
Tiveni, founded in 2018, is a developer of electric vehicle battery systems headquartered in Redwood City, California. The company focuses on designing and licensing fire-safe, standardized, and slide-in/out replaceable battery modules for the electric vehicle and energy storage industries. Its technology is chemistry and cell packaging-agnostic, aiming for low-cost, high-volume manufacturability to drive down costs for its clients.
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The company's business model is centered on licensing its intellectual property. In September 2022, American Battery Solutions (ABS) acquired Tiveni's complete IP portfolio to accelerate the deployment of low-cost, energy-dense, and crash-tolerant EV batteries. This acquisition included patents that protect the cost, density, and safety advantages of Tiveni's designs. Tiveni's approach allows B2B clients to leverage established technology, reducing their in-house development time and resources while focusing on core competencies.
The technology developed by Tiveni addresses key safety concerns in the EV industry, particularly the risk of thermal runaway in lithium-ion batteries. The designs emphasize modularity and replaceability, which can simplify maintenance and improve the lifecycle management of battery assets.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jun 2018 | $10M | $40M | Undisclosed | — |
Growth signals
Latest recorded traffic for Tiveni is 370 monthly website visits, down 24.5% over the last three months. Tiveni's team grew 0% over the past year.
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