New wave · Worldwide

New EV batteries startups, founded 2020 on

The new wave: 114 EV batteries startups founded in 2020 or later that have raised money in rounds we track, $8.9B between them, placed in 6 segments.

114startups on the map
6segments
$8.9Braised between them
Stationary storagemost funded segment

Segment by segment

Battery materials

36 startups · $1.1B raised

  1. VianodeVianode is a producer of sustainably engineered battery materials.Norway$475M
  2. Anovion Battery MaterialsAnovion Battery Materials produces synthetic graphite materials.United States$117M
  3. Mitra ChemMitra Chem is an AI-native manufacturer of lithium-ion battery materials, founded in 2021 and headquartered in Mountain View, California.United States$91M
  4. International Battery CompanyInternational Battery Company (IBC) is a product-tech company founded in 2022 and based in Milpitas, California.India$60M
  5. Lithium de franceLithium de France is an independent French operator founded in 2020 and based in Alsace.France$38M
  6. Solidion TechnologySolidion Technology is a battery technology company that manufactures battery materials, components, and next-generation batteries.United States$35M
  7. Adden EnergyAdden Energy is a Harvard University spinout based in Waltham, Massachusetts, founded in 2021.United States$32M
  8. Anthro EnergyAnthro Energy is a materials company that offers build batteries to enable radically new electronics.United States$30M

Stationary storage

32 startups · $4.7B raised

  1. Akaysha EnergyAkaysha Energy offers full-cycle development for projects including Battery Energy Storage Systems (BESS) and renewable energy.Australia$1.5B
  2. Fidra EnergyFidra Energy is a battery energy storage firm/business that aims to aid decarbonization for electrical system.United Kingdom$804M
  3. Rezolv EnergyRezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic.Romania$763M
  4. ElvyElvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems.Sweden$595M
  5. EnerVenueEnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020.United States$312M
  6. Terra OneTerra One engages in the development and operation of large-scale battery storage systems.Germany$185M
  7. Pathway PowerPathway Power is a utility-scale solar and battery storage developer building a renewable energy value chain.United States$150M
  8. Varco EnergyVarco Energy is a battery storage asset owner and operator.United Kingdom$75M

Recycling and second life

17 startups · $311M raised

  1. Project OmegaProject Omega is a nuclear technology startup founded in 2026 and headquartered in Rhode Island.United States$92M
  2. CylibCylib is a start-up for holistic battery recyclingGermany$75M
  3. AAltiliumUnited Kingdom$25M
  4. Green Li-ionGreen Li-ion is a technology company based in Singapore, founded in 2020, that focuses on the remanufacturing and recycling of speSingapore$21M
  5. VoltfangVoltfang develops home storage solutions for private houses using recycled traction batteries.Germany$17M
  6. BatX EnergiesBatX Energies is a clean-tech startup based in Gurugram, India, founded in 2020 by Utkarsh Singh and Vikrant Singh.India$16M
  7. Renewable MetalsRenewable Metals is an Australian technology startup founded in 2020 and based in Welshpool, Western Australia.Australia$14M
  8. Tozerotozero GmbH, founded in 2022 in Munich, Germany, is a pioneering lithium-ion battery recycling startup.Germany$12M

Battery software and management

12 startups · $81M raised

  1. ACCURE Battery IntelligenceACCURE Battery Intelligence is a cleantech software company founded in 2020, based in Aachen, Germany, with additional offices in Germany$32M
  2. Capalo AICapalo AI is a Finnish sustainable technology company founded in 2022, specializing in energy storage and productivity software.Finland$17M
  3. About:EnergyAbout:Energy is a battery intelligence platform that combines world-leading expertise in battery testing and software.United Kingdom$10M
  4. PULSETRAINPULSETRAIN GmbH is a Munich-based deep-tech company focused on advancing electric powertrains for next-generation mobility.Germany$6.7M
  5. illumionIllumion Ltd, founded in 2022 and based in Cambridge, United Kingdom, is a deep-tech company specializing in battery energy storagUnited Kingdom$4.9M
  6. ByteratByterat is a modern cloud platform for battery data analytics.United States$4.0M
  7. HachikoHachiko is a Sydney-based software company founded in 2024, specializing in the CleanTech, Climate, and Energy sectors.Australia$2.5M
  8. EntroviewNous développons des solutions de diagnostic batterie avancé fondées sur la physique des batteries, afin de structurer la filière.France$1.6M

New cell chemistries

10 startups · $2.6B raised

  1. Ultium CellsUltium Cells uses technologically advanced methods in the industry to produce the battery cells.United States$2.5B
  2. HolyvoltHolyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in MuSweden$45M
  3. LionVoltLionVolt is a Dutch battery scale-up company founded in 2020, emerging from TNO's research efforts.Netherlands$16M
  4. Estes EnergyEstes Energy, based in San Francisco, is a technology company founded in 2024 that specializes in zero-emission power systems.United States$11M
  5. MoonwattMoonwatt is a Dutch renewable energy startup founded in 2024 and headquartered in Diemen.Netherlands$9.8M
  6. BTRYBTRY is developing the industry's first energy-dense solid-state battery, using sophisticated semiconductor manufacturing technologies.Switzerland$8.3M
  7. Proper VoltageProper Voltage is a climate technology company based in Carlsbad, California, founded in 2019.United States$6.5M
  8. e-TRNL Energye-TRNL Energy, officially known as E-trnl Energy Private Limited, is an Indian startup focused on advanced battery cell technologyIndia$3.0M

Charging and swapping

7 startups · $133M raised

  1. LogivoltLogivolt is a financing solution for collective infrastructure for charging electric vehiclesFrance$74M
  2. VammoVammo, formerly Leoparda Electric, is a company that manufactures electric motorcycles.Brazil$45M
  3. Forum MobilityForum Mobility provides zero-emission drayage turnkey battery electric truck and charging solutions for fleets and drivers.United States$4.5M
  4. Delta ChargeDelta Charge is an energy infrastructure company based in Munich, founded in 2024.Germany$4.3M
  5. PopwheelsPopWheels is an innovative e-bike battery swap network founded in 2023 and based in Brooklyn, New York.United States$2.4M
  6. TRTRí develops and sells electric vehicles, batteries, storage and charging systems.-$1.8M
  7. Pulse EnergyPulse Energy is an India-based SaaS platform founded in 2020, specializing in the management and operation of electric vehicle (EVIndia$1.5M

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in EV batteries, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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