# Where EV Batteries Startups Are Based: 2026 Map of 350 Companies

> Map of where 350 EV batteries startups worldwide are based, city by city: San Francisco, London and San Jose lead. $23B raised between them.

Source: https://millionrounds.com/geo-maps/where-ev-batteries-startups-are-based (Millionrounds; every figure on the page links to its filing or article)

Each circle is a city, sized by how many startups are based there. Countries are shaded by their count.

## Leading cities

- San Francisco 12 $49M
- London 11 $1.4B
- San Jose 8 $395M
- Stockholm 7 $746M
- Paris 6 $151M
- Munich 6 $104M
- Cambridge, United Kingdom 5 $102M
- San Diego 4 $934M
- Melbourne 4 $1.5B
- Boston 4 $309M
- Singapore 4 $62M
- Chicago 3 $179M
- Fremont 3 $379M
- Toronto 3 $25M
- Berlin 3 $203M

## By country

- United States 147 $11B
- United Kingdom 44 $3.3B
- Germany 19 $902M
- France 18 $259M
- Australia 14 $1.6B
- Canada 13 $189M
- India 11 $218M
- Sweden 11 $759M
- China 10 $1.2B
- Netherlands 9 $833M
- South Korea 7 $413M
- Switzerland 5 $73M

## Best-funded

- [**Ultium Cells** United States · $2.5B](https://millionrounds.com/company/ultium-cells)
- [**Akaysha Energy** Australia · $1.5B](https://millionrounds.com/company/akaysha-energy)
- [**Redwood Materials** United States · $1.2B](https://millionrounds.com/company/redwood-materials)
- [**Fidra Energy** United Kingdom · $804M](https://millionrounds.com/company/fidra-energy)
- [**Rezolv Energy** Romania · $763M](https://millionrounds.com/company/rezolv-energy)
- [**Primergy Solar** United States · $760M](https://millionrounds.com/company/primergy-solar)
- [**Maxwell Power** United States · $750M](https://millionrounds.com/company/maxwell-power)
- [**Eelpower** United Kingdom · $682M](https://millionrounds.com/company/eelpower)
- [**Group14 Technologies** United States · $632M](https://millionrounds.com/company/group14-technologies)
- [**Elvy** Sweden · $595M](https://millionrounds.com/company/elvy)
- [**Zenobe Energy** United Kingdom · $515M](https://millionrounds.com/company/zenobe-energy)
- [**Vianode** Norway · $475M](https://millionrounds.com/company/vianode)

**How this map is made.** Every startup here has raised money in rounds we track. Each is placed at the city we hold for it, matched to that city's position in GeoNames (cities of 15,000 people or more; geonames.org, CC BY 4.0); startups without a city on record count in the totals but not on the map. Rebuilt nightly; updated 15 November 2026.

## More geo maps

[All geo maps](https://millionrounds.com/geo-maps)

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## Raising where these startups are?

Find the investors who back startups in these cities, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)