Ateios

Indianapolis, United States Founded: 2017 • Age: 9 yrs
Manufacturer of flexible and ultra-thin zinc silver-oxide batteries

About Ateios

Ateios is a Technology company based in Indianapolis (United States) founded in 2017 by Carlos Munoz and Rajan Kumar. Manufacturer of flexible and ultra-thin zinc silver-oxide batteries. It operates in the Technology and Energy & Utilities sectors. Ateios has raised $9.5 million across 6 funding rounds from investors including ImpactAssets, Techstars and Good Growth Capital. Its chief executive, as recorded, is Rajan Kumar. Ateios offers products and services including RaiCureâ„¢ Platform and RaiCoreâ„¢ Electrodes. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Primary Battery. Its competitors include Imprint Energy, Blue Spark Technologies and Riot Energy; 3 of its 3 listed competitors have raised funding.

Company details

Ateios was founded in 2017 and is based in Indianapolis, United States. Flexible, ultra-thin rechargeable zinc silver-oxide paper batteries are produced by the company for applications in medical wearables, smart clothing, and IoT devices. Each battery offers a capacity of 4.5 mAh, operates within a temperature range of -30 to 65C, and achieves a density of 2.4 mAhcm. Operations focus on advanced battery technology within the energy storage sector.

  • Headquarters Indianapolis, United States
  • Founders Carlos Munoz, Rajan Kumar
  • Sectors
    Technology
    Energy & Utilities
  • Email
    ••••••••
  • Website ateios.com
  • Social LinkedIn X
Key Metrics
  • Total Equity Funding
    $9.5M (USD)

    in 6 rounds

  • Latest Funding Round
    $7.25M (USD), Series A

    Mar 2026

  • Investors

Products & Services of Ateios

Ateios offers a comprehensive portfolio of products and services, including RaiCure™ Platform and RaiCore™ Electrodes.

RaiCure™ Platform
Battery Curing Platform

Light-based process to enhance electrode production speeds and reduce costs

RaiCore™ Electrodes
Battery Components

Solvent-free electrodes for various battery types and applications

Funding Insights of Ateios

Ateios has successfully raised a total of $9.5M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $7.25 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $9.5M
  • Total Rounds 6
  • Last Round Series A — $7.25M
  • Investors Count 15

All 6 funding rounds of Ateios with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026$7.25MSeries A–TitletownTech
Apr 2025$1MSeed––
Dec 2024$350,000Grant––
Oct 2020$1.25MSeed–Good Growth Capital
Aug 2020$276,000Grant––
Sep 2019Seed–Techstars
–
Valuation history

15 investors in total: 15 institutional.

Investors in Ateios

Ateios has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include ImpactAssets, Techstars and Good Growth Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
titletowntech.com
Early-stage investments are made in life sciences and technologies.
2017goodgrowthvc.comCharleston, United States
VC firm investing in early-stage mediatech & technology startups
keshifventures.comSan Diego, United States
Early-stage investments are made in diverse sectors by the firm.
elevateventures.comIndianapolis, United States
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
HG Ventures is focused on investing in sustainable technology companies.
hgventures.comIndianapolis, United States
Early-stage startup investments are facilitated by VisionTech Partners.
visiontech-partners.comUnited States
Venture capital fund backed by the US Government
seedfund.nsf.govAlexandria, United States
lateralcapital.com
jhh.vc
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Investor details for Ateios

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People of Ateios

3 people are tracked at Ateios (3 in leadership).

NameRoleGroup
Carlos Munoz
FounderLeadership
Rajan Kumar
Founder & CEOLeadership
Thea Reid
Chief Operating OfficerLeadership
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Complete people profiles for Ateios

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Timeline of Ateios

3 dated milestones of Ateios across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ateios is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $7.2M.

Competitors of Ateios

Ateios has 3 listed competitors in our database, 3 of them funded. They include Imprint Energy, Blue Spark Technologies and Riot Energy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
imprintenergy.com2010Alameda, United States$16.17M19
Printable zinc-based rechargeable batteries are developed for portable power.
bluesparktechnologies.com2003Westlake, United States$80.51M32
Flexible printed carbon-zinc batteries are developed for electronic systems.
riotenergy.com1996Agoura Hills, United States$76M10
Silver-zinc batteries are manufactured for IoT and medical applications.
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Detailed competitors of Ateios

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Top companies in Printed & Flexible Electronics

3 companies that operate in the same segment as Ateios (Printed & Flexible Electronics) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Particle-free conductive inks are developed for printed electronics applications.
2013Champaign, Illinois, United StatesUSD 3.9 M33
Industrial 3D printers using material jetting technology are provided.
2014Somerville, Massachusetts, United StatesUSD 24 M31
Flexible printed carbon-zinc batteries are developed for electronic systems.
2003Westlake, United StatesUSD 80.51 M32
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Related news about Ateios

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Frequently Asked Questions about Ateios

Ateios was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Ateios is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

Rajan Kumar is the CEO of Ateios, as recorded in our data. They have also founded this company.

Ateios is a funded company, having raised a total of $9.5M across 6 funding rounds to date.

Ateios was founded in 2017 and is based in Indianapolis, United States. Flexible, ultra-thin rechargeable zinc silver-oxide paper batteries are produced by the company for applications in medical wearables, smart clothing, and IoT devices. Each battery offers a capacity of 4.5 mAh, operates within a temperature range of -30 to 65C, and achieves a density of 2.4 mAhcm. Operations focus on advanced battery technology within the energy storage sector.

Ateios's top competitors include Blue Spark Technologies, Imprint Energy and Riot Energy.

Ateios offers RaiCureâ„¢ Platform and RaiCoreâ„¢ Electrodes.

Ateios has 15 investors. Key investors include ImpactAssets, Techstars, Good Growth Capital, TitletownTech, and Upstate New York Energy Storage Engine.

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