# Top 50 Battery Startups Worldwide by Funding (2026)

> The 50 best-funded battery startups worldwide, ranked by total funding raised: $47B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/battery-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**BlueOval SK** BlueOval SK is an advanced EV battery manufacturer by creating an automotive manufacturing ecosystem.](https://millionrounds.com/company/blueoval-sk) BlueOval SK is an advanced EV battery manufacturer by creating an automotive manufacturing ecosystem. *Founded* 2022 Stanton, United States **$9.6B** last round Jun 2023
- 2 [**StarPlus Energy** StarPlus Energy Revolutionizes EV Battery Manufacturing.](https://millionrounds.com/company/starplus-energy) StarPlus Energy Revolutionizes EV Battery Manufacturing. *Founded* 2022 Kokomo, United States **$7.5B** last round Dec 2024
- 3 [**Northvolt**](https://millionrounds.com/company/northvolt) *Founded* - Sweden **$5.0B** last round Oct 2024
- 4 [**Ultium Cells** Ultium Cells uses technologically advanced methods in the industry to produce the battery cells.](https://millionrounds.com/company/ultium-cells) Ultium Cells uses technologically advanced methods in the industry to produce the battery cells. *Founded* 2020 Warren, United States **$2.5B** last round Jul 2022
- 5 [**Form Energy** Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration.](https://millionrounds.com/company/form-energy) Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration. *Founded* 2017 Somerville, United States **$2.0B** last round Sept 2026
- 6 [**Akaysha Energy** Akaysha Energy offers full-cycle development for projects including Battery Energy Storage Systems (BESS) and renewable energy.](https://millionrounds.com/company/akaysha-energy) Akaysha Energy offers full-cycle development for projects including Battery Energy Storage Systems (BESS) and renewable energy. *Founded* 2021 Melbourne, Australia **$1.5B** last round Oct 2026
- 7 [**Return**](https://millionrounds.com/company/return) *Founded* - Netherlands **$1.3B** last round Nov 2026
- 8 [**Fidra Energy** Fidra Energy is a battery energy storage firm/business that aims to aid decarbonization for electrical system.](https://millionrounds.com/company/fidra-energy) Fidra Energy is a battery energy storage firm/business that aims to aid decarbonization for electrical system. *Founded* 2024 Edinburgh, United Kingdom **$804M** last round Sept 2025
- 9 [**Rezolv Energy** Rezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic.](https://millionrounds.com/company/rezolv-energy) Rezolv Energy is an independent power producer and renewable energy developer based in Prague, Czech Republic. *Founded* 2022 Prague, Romania **$763M** last round Nov 2026
- 10 [**Primergy Solar** Primergy Solar is a developer, owner and operator focused on both distributed and utility scale solar PV and battery storage projects.](https://millionrounds.com/company/primergy-solar) Primergy Solar is a developer, owner and operator focused on both distributed and utility scale solar PV and battery storage projects. *Founded* 2019 Oakland, United States **$760M** last round Mar 2026
- 11 [**Maxwell Power** Maxwell Power is a renewable energy company that installs solar panels.](https://millionrounds.com/company/maxwell-power) Maxwell Power is a renewable energy company that installs solar panels. *Founded* - San Diego, United States **$750M** last round Jun 2026
- 12 [**Alpha Generation** Alpha Generation manages and operates power generation facilities that are well positioned to provide reliable.](https://millionrounds.com/company/alpha-generation) Alpha Generation manages and operates power generation facilities that are well positioned to provide reliable. *Founded* 2016 Houston, United States **$750M** last round Oct 2025
- 13 [**Lydian Energy** Lydian Energy is a independent power producer specializing in the development, construction, and operation of utility-scale solar.](https://millionrounds.com/company/lydian-energy) Lydian Energy is a independent power producer specializing in the development, construction, and operation of utility-scale solar. *Founded* - Washington, United States **$689M** last round Feb 2026
- 14 [**Eelpower** Eelpower is a battery storage developer that operates energy storage solutions.](https://millionrounds.com/company/eelpower) Eelpower is a battery storage developer that operates energy storage solutions. *Founded* 2017 London, United Kingdom **$682M** last round Aug 2025
- 15 [**Proterra** At Proterra, we believe cutting-edge technology can transform transportation's role in building a more sustainable future.](https://millionrounds.com/company/proterra) At Proterra, we believe cutting-edge technology can transform transportation's role in building a more sustainable future. *Founded* 2004 Burlingame, United States **$657M** last round Sept 2018
- 16 [**Group14 Technologies** Group14 Technologies is a leading manufacturer of advanced silicon battery materials, based in Woodinville, Washington.](https://millionrounds.com/company/group14-technologies) Group14 Technologies is a leading manufacturer of advanced silicon battery materials, based in Woodinville, Washington. *Founded* 2015 Woodinville, United States **$632M** last round Oct 2026
- 17 [**Elvy** Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems.](https://millionrounds.com/company/elvy) Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems. *Founded* 2023 Stockholm, Sweden **$595M** last round Oct 2026
- 18 [**Zenobe Energy** Zenobe Energy manufactures battery storage assets for electric bus operators, utilities, and industrial and commercial businesses.](https://millionrounds.com/company/zenobe-energy) Zenobe Energy manufactures battery storage assets for electric bus operators, utilities, and industrial and commercial businesses. *Founded* 2016 London, United Kingdom **$515M** last round Jun 2026
- 19 [**PowerCo** PowerCo's development is the next phase in expanding the global battery business.](https://millionrounds.com/company/powerco) PowerCo's development is the next phase in expanding the global battery business. *Founded* 2022 Salzgitter, Germany **$513M** last round Apr 2023
- 20 [**Agratas** Agrata's aim is to build world-class teams and provide best-in-class technologies.](https://millionrounds.com/company/agratas) Agrata's aim is to build world-class teams and provide best-in-class technologies. *Founded* - London, United Kingdom **$509M** last round Apr 2026
- 21 [**Vianode** Vianode is a producer of sustainably engineered battery materials.](https://millionrounds.com/company/vianode) Vianode is a producer of sustainably engineered battery materials. *Founded* 2020 Oslo, Norway **$475M** last round Nov 2025
- 22 [**ACEN Australia** ACEN Australia develops renewable energy assets including several solar, wind, battery, and hydro projects across Australia.](https://millionrounds.com/company/acen-australia) ACEN Australia develops renewable energy assets including several solar, wind, battery, and hydro projects across Australia. *Founded* 2016 Hobart, Australia **$474M** last round Apr 2025
- 23 [**Spearmint Energy** Spearmint Energy is a merchant energy trading company founded to combine innovative financial solutions.](https://millionrounds.com/company/spearmint-energy) Spearmint Energy is a merchant energy trading company founded to combine innovative financial solutions. *Founded* 2022 Miami, United States **$450M** last round May 2026
- 24 [**WM Motor** WM Motor is an automotive company that designs, manufactures, develops, and markets battery-operated electric vehicles.](https://millionrounds.com/company/wm-motor) WM Motor is an automotive company that designs, manufactures, develops, and markets battery-operated electric vehicles. *Founded* 2015 Shanghai, China **$440M** last round Nov 2021
- 25 [**NineDot Energy** NineDot Energy develops battery storage sites and other energy solutions.](https://millionrounds.com/company/ninedot-energy) NineDot Energy develops battery storage sites and other energy solutions. *Founded* 2015 New York, United States **$431M** last round Feb 2026
- 26 [**US Strategic Metals** US Strategic Metals provides sustainable long-term battery metals production and processing solution.](https://millionrounds.com/company/us-strategic-metals) US Strategic Metals provides sustainable long-term battery metals production and processing solution. *Founded* - St Louis, United States **$400M** last round Aug 2024
- 27 [**Shanghai Putailai New Energy Technology** Putailai New Energy Technology manufactures lithium battery anode material.](https://millionrounds.com/company/shanghai-putailai-new-energy-technology) Putailai New Energy Technology manufactures lithium battery anode material. *Founded* 2012 Shanghai **$386M** last round Nov 2023
- 28 [**Zenobē**](https://millionrounds.com/company/zenobe) *Founded* - United Kingdom **$382M** last round Jul 2025
- 29 [**Infinity Power** Infinity Power is a renewable energy company that offers solar, battery storage, and grid infrastructure solutions.](https://millionrounds.com/company/infinity-power) Infinity Power is a renewable energy company that offers solar, battery storage, and grid infrastructure solutions. *Founded* 2006 Amsterdam, Netherlands **$372M** last round Nov 2025
- 30 [**Boston Power** Boston-Power is a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules and systems.](https://millionrounds.com/company/boston-power) Boston-Power is a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules and systems. *Founded* 2005 Westborough, United States **$371M** last round Feb 2015
- 31 [**Lion Storage** Lion Storage is an expert in creating battery energy storage solutions for utilities.](https://millionrounds.com/company/lion-storage) Lion Storage is an expert in creating battery energy storage solutions for utilities. *Founded* - Den Haag, Netherlands **$365M** last round Feb 2025
- 32 [**CelLink** CelLink develops a flexible conductive backplane for solar, LED, and battery industries.](https://millionrounds.com/company/cellink) CelLink develops a flexible conductive backplane for solar, LED, and battery industries. *Founded* 2011 San Carlos, United States **$362M** last round May 2023
- 33 [**EnerVenue** EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020.](https://millionrounds.com/company/enervenue) EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020. *Founded* 2020 Fremont, United States **$312M** last round Mar 2026
- 34 [**T1 Energy** T1 Energy is a solar and battery manufacturing company for commercial and industrial sectors.](https://millionrounds.com/company/t1-energy) T1 Energy is a solar and battery manufacturing company for commercial and industrial sectors. *Founded* - Austin, United States **$300M** last round Apr 2026
- 35 [**SK IE Technology** SK IE Technology is a global top lithium-ion battery separator player under South Korea’s energy and battery maker SK Innovation Co.](https://millionrounds.com/company/sk-ie-technology) SK IE Technology is a global top lithium-ion battery separator player under South Korea’s energy and battery maker SK Innovation Co. *Founded* 2019 Seoul **$300M** last round May 2023
- 36 [**Kuntian New Energy** Kuntian New Energy is a producer of anode materials for lithium-ion batteries.](https://millionrounds.com/company/kuntian-new-energy) Kuntian New Energy is a producer of anode materials for lithium-ion batteries. *Founded* 2018 China **$295M** last round Jan 2023
- 37 [**Summit Ridge Energy** Summit Ridge Energy offers solar, battery storage project acquisition, project development, construction, land and rooftop leasing services.](https://millionrounds.com/company/summit-ridge-energy) Summit Ridge Energy offers solar, battery storage project acquisition, project development, construction, land and rooftop leasing services. *Founded* - Arlington, United States **$290M** last round Jan 2026
- 38 [**ABO Energy** ABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems.](https://millionrounds.com/company/abo-energy) ABO Energy develops wind and solar energy projects, battery storage, and green hydrogen systems. *Founded* - Wiesbaden, Germany **$279M** last round Aug 2025
- 39 [**Skeleton Technologies** Skeleton Technologies is a global leader in cleantech and the largest manufacturer of advanced energy storage solutions, focusing on ultracapacitors and high-po](https://millionrounds.com/company/skeleton-technologies) Skeleton Technologies is a global leader in cleantech and the largest manufacturer of advanced energy storage solutions, focusing on ultracapacitors and high-po *Founded* 2009 Tallinn, Estonia **$274M** last round Oct 2026
- 40 [**BlueWave** BlueWave's vision is to protect our planet by transforming access to renewable energy.](https://millionrounds.com/company/bluewave) BlueWave's vision is to protect our planet by transforming access to renewable energy. *Founded* 2010 Boston, United States **$247M** last round Sept 2025
- 41 [**Wiliot** Wiliot is a startup based in Caesarea, Israel, with a business development presence in San Diego, US.](https://millionrounds.com/company/wiliot) Wiliot is a startup based in Caesarea, Israel, with a business development presence in San Diego, US. *Founded* 2017 San Diego, United States **$235M** last round Jul 2021
- 42 [**Sunwoda Electric Vehicle Battery** Sunwoda Electric Vehicle Batter provides electric vehicle battery pack solutions for new energy vehicle companies.](https://millionrounds.com/company/sunwoda-electric-vehicle-battery) Sunwoda Electric Vehicle Batter provides electric vehicle battery pack solutions for new energy vehicle companies. *Founded* 2014 Shanghai **$230M** last round Jun 2023
- 43 [**Nexus Renewable Power** Nexus develops, finances, and operates solar and energy storage assets.](https://millionrounds.com/company/nexus-renewable-power) Nexus develops, finances, and operates solar and energy storage assets. *Founded* - Plano, United States **$220M** last round Sept 2025
- 44 [**ReElement Technologies** ReElement Technologies builds metal recovery solutions utilizing chromatography to purify earth elements and battery metals.](https://millionrounds.com/company/reelement-technologies) ReElement Technologies builds metal recovery solutions utilizing chromatography to purify earth elements and battery metals. *Founded* 2017 Fishers, United States **$200M** last round Mar 2026
- 45 [**Terra One** Terra One engages in the development and operation of large-scale battery storage systems.](https://millionrounds.com/company/terra-one) Terra One engages in the development and operation of large-scale battery storage systems. *Founded* 2021 Berlin, Germany **$185M** last round Sept 2025
- 46 [**Lordstown Motors** Lordstown Motors was an American electric vehicle startup founded in 2018 or 2019, focused on producing the Endurance, a full-size battery electric pickup truck.](https://millionrounds.com/company/lordstown-motors) Lordstown Motors was an American electric vehicle startup founded in 2018 or 2019, focused on producing the Endurance, a full-size battery electric pickup truck. *Founded* 2019 Farmington Hills, United States **$170M** last round Nov 2022
- 47 [**908 Devices** 908devices manufactures battery-operated, hand-held chemical detection tools used in mass spectrometry.](https://millionrounds.com/company/908-devices) 908devices manufactures battery-operated, hand-held chemical detection tools used in mass spectrometry. *Founded* 2012 Boston, United States **$168M** last round Nov 2021
- 48 [**Plus Power** Plus Power specializes in creating battery energy storage systems that enhance the efficiency and reliability of the electrical grid.](https://millionrounds.com/company/plus-power) Plus Power specializes in creating battery energy storage systems that enhance the efficiency and reliability of the electrical grid. *Founded* 2018 Houston, United States **$160M** last round Nov 2025
- 49 [**Pathway Power** Pathway Power is a utility-scale solar and battery storage developer building a renewable energy value chain.](https://millionrounds.com/company/pathway-power) Pathway Power is a utility-scale solar and battery storage developer building a renewable energy value chain. *Founded* 2022 San Diego, United States **$150M** last round Jun 2026
- 50 [**Amber** Built by a collective of artisans, Amber functions as an integrated hub with multidisciplinary global locations.](https://millionrounds.com/company/amber) Built by a collective of artisans, Amber functions as an integrated hub with multidisciplinary global locations. *Founded* - Australia **$148M** last round Sept 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More battery lists

[See all](https://millionrounds.com/top-lists?t=Battery)

[*N* *R* *FE* **Battery startups in Europe** 140 companies · $15B](https://millionrounds.com/top-lists/battery-startups-europe)

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