# New EV Batteries Startups Founded Since 2020: Market Map 2026 (114 Companies)

> 114 EV batteries startups founded in 2020 or later, mapped in 6 segments, best-funded first: $8.9B raised. Updated nightly.

Source: https://millionrounds.com/market-maps/new-ev-batteries-startups-market-map (Millionrounds; every figure on the page links to its filing or article)

## Battery materials

36

- [Vianode](https://millionrounds.com/company/vianode)
- [Anovion Battery Materials](https://millionrounds.com/company/anovion-battery-materials)
- [Mitra Chem](https://millionrounds.com/company/mitra-chem)
- [International Battery Company](https://millionrounds.com/company/international-battery-company)
- [Lithium de france](https://millionrounds.com/company/lithium-de-france)
- [Solidion Technology](https://millionrounds.com/company/solidion-technology)
- [Adden Energy](https://millionrounds.com/company/adden-energy)
- [Anthro Energy](https://millionrounds.com/company/anthro-energy)
- [*GE* Guorun Energy Storage](https://millionrounds.com/company/guorun-energy-storage)
- [LiNova Energy](https://millionrounds.com/company/linova-energy)
- [ElectraLith](https://millionrounds.com/company/electralith)
- [theion](https://millionrounds.com/company/theion)
- [Johnson Energy Storage](https://millionrounds.com/company/johnson-energy-storage)
- [*BI* Beichen Innovation](https://millionrounds.com/company/beichen-innovation)
- [*X* Xinshijie](https://millionrounds.com/company/xinshijie)
- [NorcSi GmbH](https://millionrounds.com/company/norcsi-gmbh)
- [Basquevolt](https://millionrounds.com/company/basquevolt)
- [Aberdeen Minerals](https://millionrounds.com/company/aberdeen-minerals)
- [Solithor](https://millionrounds.com/company/solithor)
- [Bedrock Materials](https://millionrounds.com/company/bedrock-materials)
- [TaiSan](https://millionrounds.com/company/taisan)
- [Westra Materials](https://millionrounds.com/company/westra-materials)
- [Molyon](https://millionrounds.com/company/molyon)
- [Novacium](https://millionrounds.com/company/novacium)

+12 more

## Stationary storage

32

- [Akaysha Energy](https://millionrounds.com/company/akaysha-energy)
- [Fidra Energy](https://millionrounds.com/company/fidra-energy)
- [Rezolv Energy](https://millionrounds.com/company/rezolv-energy)
- [Elvy](https://millionrounds.com/company/elvy)
- [EnerVenue](https://millionrounds.com/company/enervenue)
- [Terra One](https://millionrounds.com/company/terra-one)
- [Pathway Power](https://millionrounds.com/company/pathway-power)
- [Varco Energy](https://millionrounds.com/company/varco-energy)
- [Elevate Renewable Energy](https://millionrounds.com/company/elevate-renewable-energy)
- [Granite Source Power](https://millionrounds.com/company/granite-source-power)
- [Fourth Power](https://millionrounds.com/company/fourth-power)
- [Redeux Energy](https://millionrounds.com/company/redeux-energy)
- [GoodPeak](https://millionrounds.com/company/goodpeak)
- [Peak Power](https://millionrounds.com/company/peak-power)
- [Green Voltis](https://millionrounds.com/company/green-voltis)
- [Eddy Grid](https://millionrounds.com/company/eddy-grid)
- [enSights](https://millionrounds.com/company/ensights)
- [Sinergy Flow](https://millionrounds.com/company/sinergy-flow)
- [Inlyte Energy](https://millionrounds.com/company/inlyte-energy)
- [Powerline](https://millionrounds.com/company/powerline)
- [Allegro Energy](https://millionrounds.com/company/allegro-energy)
- [Allye](https://millionrounds.com/company/allye)
- [BM2Solar](https://millionrounds.com/company/bm2solar)
- [Phnxx](https://millionrounds.com/company/phnxx)

+8 more

## Recycling and second life

17

- [Project Omega](https://millionrounds.com/company/project-omega)
- [Cylib](https://millionrounds.com/company/cylib)
- [*A* Altilium](https://millionrounds.com/company/altilium)
- [Green Li-ion](https://millionrounds.com/company/green-li-ion)
- [Voltfang](https://millionrounds.com/company/voltfang)
- [BatX Energies](https://millionrounds.com/company/batx-energies)
- [Renewable Metals](https://millionrounds.com/company/renewable-metals)
- [Tozero](https://millionrounds.com/company/tozero)
- [NEU Battery Materials](https://millionrounds.com/company/neu-battery-materials)
- [Evyon](https://millionrounds.com/company/evyon)
- [Cactos](https://millionrounds.com/company/cactos)
- [Rebaba](https://millionrounds.com/company/rebaba)
- [VoltR](https://millionrounds.com/company/voltr)
- [Librec](https://millionrounds.com/company/librec)
- [Oscorp Energy](https://millionrounds.com/company/oscorp-energy)
- [Metzev](https://millionrounds.com/company/metzev)
- [Solveteq](https://millionrounds.com/company/solveteq)

## Battery software and management

12

- [ACCURE Battery Intelligence](https://millionrounds.com/company/accure-battery-intelligence)
- [Capalo AI](https://millionrounds.com/company/capalo-ai)
- [About:Energy](https://millionrounds.com/company/about-energy)
- [PULSETRAIN](https://millionrounds.com/company/pulsetrain)
- [illumion](https://millionrounds.com/company/illumion)
- [Byterat](https://millionrounds.com/company/byterat)
- [Hachiko](https://millionrounds.com/company/hachiko)
- [Entroview](https://millionrounds.com/company/entroview)
- [Lumo Energy](https://millionrounds.com/company/lumo-energy)
- [Ionworks](https://millionrounds.com/company/ionworks)
- [Telematica](https://millionrounds.com/company/telematica)
- [IONBEE](https://millionrounds.com/company/ionbee)

## New cell chemistries

10

- [Ultium Cells](https://millionrounds.com/company/ultium-cells)
- [Holyvolt](https://millionrounds.com/company/holyvolt)
- [LionVolt](https://millionrounds.com/company/lionvolt)
- [Estes Energy](https://millionrounds.com/company/estes-energy)
- [Moonwatt](https://millionrounds.com/company/moonwatt)
- [BTRY](https://millionrounds.com/company/btry)
- [Proper Voltage](https://millionrounds.com/company/proper-voltage)
- [e-TRNL Energy](https://millionrounds.com/company/e-trnl-energy)
- [Limatica](https://millionrounds.com/company/limatica)
- [Group1](https://millionrounds.com/company/group1)

## Charging and swapping

7

- [Logivolt](https://millionrounds.com/company/logivolt)
- [Vammo](https://millionrounds.com/company/vammo)
- [Forum Mobility](https://millionrounds.com/company/forum-mobility)
- [Delta Charge](https://millionrounds.com/company/delta-charge)
- [Popwheels](https://millionrounds.com/company/popwheels)
- [TR](https://millionrounds.com/company/tr)
- [Pulse Energy](https://millionrounds.com/company/pulse-energy)

## Segment by segment

### Battery materials

36 startups · $1.1B raised

- [**Vianode**](https://millionrounds.com/company/vianode) Vianode is a producer of sustainably engineered battery materials. Norway $475M
- [**Anovion Battery Materials**](https://millionrounds.com/company/anovion-battery-materials) Anovion Battery Materials produces synthetic graphite materials. United States $117M
- [**Mitra Chem**](https://millionrounds.com/company/mitra-chem) Mitra Chem is an AI-native manufacturer of lithium-ion battery materials, founded in 2021 and headquartered in Mountain View, California. United States $91M
- [**International Battery Company**](https://millionrounds.com/company/international-battery-company) International Battery Company (IBC) is a product-tech company founded in 2022 and based in Milpitas, California. India $60M
- [**Lithium de france**](https://millionrounds.com/company/lithium-de-france) Lithium de France is an independent French operator founded in 2020 and based in Alsace. France $38M
- [**Solidion Technology**](https://millionrounds.com/company/solidion-technology) Solidion Technology is a battery technology company that manufactures battery materials, components, and next-generation batteries. United States $35M
- [**Adden Energy**](https://millionrounds.com/company/adden-energy) Adden Energy is a Harvard University spinout based in Waltham, Massachusetts, founded in 2021. United States $32M
- [**Anthro Energy**](https://millionrounds.com/company/anthro-energy) Anthro Energy is a materials company that offers build batteries to enable radically new electronics. United States $30M

### Stationary storage

32 startups · $4.7B raised

- [**Akaysha Energy**](https://millionrounds.com/company/akaysha-energy) Akaysha Energy offers full-cycle development for projects including Battery Energy Storage Systems (BESS) and renewable energy. Australia $1.5B
- [**Fidra Energy**](https://millionrounds.com/company/fidra-energy) Fidra Energy is a battery energy storage firm/business that aims to aid decarbonization for electrical system. United Kingdom $804M
- [**Rezolv Energy**](https://millionrounds.com/company/rezolv-energy) Rezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic. Romania $763M
- [**Elvy**](https://millionrounds.com/company/elvy) Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems. Sweden $595M
- [**EnerVenue**](https://millionrounds.com/company/enervenue) EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020. United States $312M
- [**Terra One**](https://millionrounds.com/company/terra-one) Terra One engages in the development and operation of large-scale battery storage systems. Germany $185M
- [**Pathway Power**](https://millionrounds.com/company/pathway-power) Pathway Power is a utility-scale solar and battery storage developer building a renewable energy value chain. United States $150M
- [**Varco Energy**](https://millionrounds.com/company/varco-energy) Varco Energy is a battery storage asset owner and operator. United Kingdom $75M

### Recycling and second life

17 startups · $311M raised

- [**Project Omega**](https://millionrounds.com/company/project-omega) Project Omega is a nuclear technology startup founded in 2026 and headquartered in Rhode Island. United States $92M
- [**Cylib**](https://millionrounds.com/company/cylib) Cylib is a start-up for holistic battery recycling Germany $75M
- [*A* **Altilium**](https://millionrounds.com/company/altilium) United Kingdom $25M
- [**Green Li-ion**](https://millionrounds.com/company/green-li-ion) Green Li-ion is a technology company based in Singapore, founded in 2020, that focuses on the remanufacturing and recycling of spe Singapore $21M
- [**Voltfang**](https://millionrounds.com/company/voltfang) Voltfang develops home storage solutions for private houses using recycled traction batteries. Germany $17M
- [**BatX Energies**](https://millionrounds.com/company/batx-energies) BatX Energies is a clean-tech startup based in Gurugram, India, founded in 2020 by Utkarsh Singh and Vikrant Singh. India $16M
- [**Renewable Metals**](https://millionrounds.com/company/renewable-metals) Renewable Metals is an Australian technology startup founded in 2020 and based in Welshpool, Western Australia. Australia $14M
- [**Tozero**](https://millionrounds.com/company/tozero) tozero 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

- [**ACCURE Battery Intelligence**](https://millionrounds.com/company/accure-battery-intelligence) ACCURE Battery Intelligence is a cleantech software company founded in 2020, based in Aachen, Germany, with additional offices in Germany $32M
- [**Capalo AI**](https://millionrounds.com/company/capalo-ai) Capalo AI is a Finnish sustainable technology company founded in 2022, specializing in energy storage and productivity software. Finland $17M
- [**About:Energy**](https://millionrounds.com/company/about-energy) About:Energy is a battery intelligence platform that combines world-leading expertise in battery testing and software. United Kingdom $10M
- [**PULSETRAIN**](https://millionrounds.com/company/pulsetrain) PULSETRAIN GmbH is a Munich-based deep-tech company focused on advancing electric powertrains for next-generation mobility. Germany $6.7M
- [**illumion**](https://millionrounds.com/company/illumion) Illumion Ltd, founded in 2022 and based in Cambridge, United Kingdom, is a deep-tech company specializing in battery energy storag United Kingdom $4.9M
- [**Byterat**](https://millionrounds.com/company/byterat) Byterat is a modern cloud platform for battery data analytics. United States $4.0M
- [**Hachiko**](https://millionrounds.com/company/hachiko) Hachiko is a Sydney-based software company founded in 2024, specializing in the CleanTech, Climate, and Energy sectors. Australia $2.5M
- [**Entroview**](https://millionrounds.com/company/entroview) Nous 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

- [**Ultium Cells**](https://millionrounds.com/company/ultium-cells) Ultium Cells uses technologically advanced methods in the industry to produce the battery cells. United States $2.5B
- [**Holyvolt**](https://millionrounds.com/company/holyvolt) Holyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in Mu Sweden $45M
- [**LionVolt**](https://millionrounds.com/company/lionvolt) LionVolt is a Dutch battery scale-up company founded in 2020, emerging from TNO's research efforts. Netherlands $16M
- [**Estes Energy**](https://millionrounds.com/company/estes-energy) Estes Energy, based in San Francisco, is a technology company founded in 2024 that specializes in zero-emission power systems. United States $11M
- [**Moonwatt**](https://millionrounds.com/company/moonwatt) Moonwatt is a Dutch renewable energy startup founded in 2024 and headquartered in Diemen. Netherlands $9.8M
- [**BTRY**](https://millionrounds.com/company/btry) BTRY is developing the industry's first energy-dense solid-state battery, using sophisticated semiconductor manufacturing technologies. Switzerland $8.3M
- [**Proper Voltage**](https://millionrounds.com/company/proper-voltage) Proper Voltage is a climate technology company based in Carlsbad, California, founded in 2019. United States $6.5M
- [**e-TRNL Energy**](https://millionrounds.com/company/e-trnl-energy) e-TRNL Energy, officially known as E-trnl Energy Private Limited, is an Indian startup focused on advanced battery cell technology India $3.0M

### Charging and swapping

7 startups · $133M raised

- [**Logivolt**](https://millionrounds.com/company/logivolt) Logivolt is a financing solution for collective infrastructure for charging electric vehicles France $74M
- [**Vammo**](https://millionrounds.com/company/vammo) Vammo, formerly Leoparda Electric, is a company that manufactures electric motorcycles. Brazil $45M
- [**Forum Mobility**](https://millionrounds.com/company/forum-mobility) Forum Mobility provides zero-emission drayage turnkey battery electric truck and charging solutions for fleets and drivers. United States $4.5M
- [**Delta Charge**](https://millionrounds.com/company/delta-charge) Delta Charge is an energy infrastructure company based in Munich, founded in 2024. Germany $4.3M
- [**Popwheels**](https://millionrounds.com/company/popwheels) PopWheels is an innovative e-bike battery swap network founded in 2023 and based in Brooklyn, New York. United States $2.4M
- [**TR**](https://millionrounds.com/company/tr) TRí develops and sells electric vehicles, batteries, storage and charging systems. - $1.8M
- [**Pulse Energy**](https://millionrounds.com/company/pulse-energy) Pulse Energy is an India-based SaaS platform founded in 2020, specializing in the management and operation of electric vehicle (EV India $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.

## More market maps

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

[Market map **EV batteries market map** 350 startups · 6 segments · $23B](https://millionrounds.com/market-maps/ev-batteries-market-map)[Investors map **Who invests in EV batteries** 123 investors · 6 segments](https://millionrounds.com/market-maps/ev-batteries-investors-map)[Raised in 2026 **EV batteries startups that raised in 2026** 94 startups · 6 segments · $6.8B](https://millionrounds.com/market-maps/ev-batteries-raised-2026-market-map)[Market map · United States **EV batteries market map: United States** 147 startups · 6 segments · $11B](https://millionrounds.com/market-maps/ev-batteries-united-states-market-map)[Market map · Europe **EV batteries market map: Europe** 129 startups · 6 segments · $7.9B](https://millionrounds.com/market-maps/ev-batteries-europe-market-map)[Market map · United Kingdom **EV batteries market map: United Kingdom** 44 startups · 5 segments · $3.3B](https://millionrounds.com/market-maps/ev-batteries-united-kingdom-market-map)

## Who backs EV batteries?

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