Cambridge-based fast charging startup jolts £50M to develop batteries that can charge in 5 minutes — TFN

Nyobolt, a Cambridge-based battery technology company, has secured £50 million in Series B funding led by H.C. Starck Tungsten Powders, a subsidiary of Masan High-Tech Materials, with participation from existing investor IQ Capital. The investment will be used to scale battery manufacturing for industries like automotive and home appliances. Nyobolt is developing batteries that can charge to 90% capacity in under five minutes, while improving power and durability tenfold. The company aims to bring a sustainable solution to the energy storage industry, enabling net zero in transportation electrification and renewable energy storage.

Nyobolt Raises £50 Million for Ultra-Fast Charging Battery Technology

Nyobolt is a Cambridge-based company developing high-power battery technology for various applications, including automotive and home appliances. The company aims to bring batteries to market that can be charged to 90% capacity in under five minutes, while improving power and durability tenfold.

A developer of high-power battery technology for automotive applications.

3 years ago

Nyobolt Raises £50 Million for Ultra-Fast Charging Battery Technology

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