4 years ago

Nyobolt Raises £7.5 Million for Next-Gen Battery Technology

  • Nyobolt, a Cambridge-based energy startup, has secured £7.5 million in Series A funding led by IQ Capital, with participation from Cambridge Enterprise and Silicon Valley investors

  • The company develops a new material for manufacturing batteries that deliver greater power and fast charging

  • The funding will be used to expand operations globally, build new production and testing facilities, and increase the headcount for engineering and operational teams.

      • ProblemTechnology

      "Current battery technology is not efficient enough to meet the growing demand for sustainable energy storage."

      Solution

      "Nyobolt has developed a new material for manufacturing batteries that deliver greater power and fast charging."

      Covered on