About Cymbet
Cymbet is a company based in New Brighton (United States) founded in 2000 by Mark Jenson. Cymbet has raised $151.83 million across 25 funding rounds from investors including Texas Instruments, Bekaert and Dow. The company has 8 employees. Cymbet operates in a competitive market with competitors including QuantumScape, Factorial Energy, Solid Power, VARTA and Cuberg, among others.
- Headquarter New Brighton, United States
- Employees 8
- Founders Mark Jenson
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website cymbet.com
- Social LinkedIn X Facebook
- Legal Name Cymbet Corporation
- Total Equity Funding$151.83M (USD)
in 25 rounds
- Latest Funding Round$300K (USD), Series E
Aug 2020
- InvestorsTexas Instruments
& 8 more
- Employee Count8
Funding Insights of Cymbet
Cymbet has successfully raised a total of $151.83M across 25 strategic funding rounds. The most recent funding activity was a Series E round of $300 thousand completed in August 2020. 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 $151.83M
- Total Rounds 25
- Last Round Series E — $300,000
- First Round $4.5M
(May 2001)
- Investors Count 9
Latest 10 of 25 funding rounds of Cymbet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $300,000 | Series E | – | – | – |
| Mar 2020 | $100,000 | Debt – Conventional | – | – | – |
| Jan 2019 | $1.5M | Series E | – | – | – |
| Sep 2017 | $600,000 | Debt – Conventional | – | – | – |
| May 2017 | $500,000 | Debt – Conventional | – | – | – |
| Mar 2017 | $400,000 | Debt – Conventional | – | – | – |
| Jan 2016 | $10M | Series E | – | – | – |
| Dec 2015 | $9.09M | Series E | – | – | – |
| Sep 2015 | $97,500 | Series E | – | – | – |
| May 2015 | $523,000 | Series E | – | – | – |
9 investors in total: 9 institutional.
Investors in Cymbet
Cymbet has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Texas Instruments, Bekaert and Dow.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online slot gaming platform is provided by MINITOTO. | – | perseusllc.com | - | |
Investment in technology startups focusing on compute, AI, and related innovations. | – | intelcapital.com | - | |
A responsible investment company focused on Finnish growth companies is operated. | – | helmetcapital.fi | Helsinki, Finland | |
- | – | mmtfund.com | - | |
Automotive steel wire components are manufactured and supplied globally. | 1880 | bekaert.com | Zwevegem, Belgium | |
Analog chips and embedded processors are designed and manufactured. | 1930 | ti.com | Dallas, United States | |
Event management services are provided to clients by IGNITE. | – | ignitegroup.com | Slough, United Kingdom | |
- | – | mjsk.com | - | |
Dow Inc. is engaged in materials science and chemical manufacturing. | 1897 | dow.com | Saginaw, United States |
Investor details for Cymbet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Cymbet
2 people are tracked at Cymbet (2 in leadership); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
Mark Jenson | Co-Founder & CTO | Leadership |
Monte Johnson | CEO & CFO | Leadership |
Complete people profiles for Cymbet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Cymbet
3 dated milestones of Cymbet across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Cymbet is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Series E, of $300K.
Competitors of Cymbet
Cymbet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as QuantumScape, Factorial Energy, Solid Power, VARTA and Cuberg, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quantumscape.com | 2010 | San Jose, United States | $100M | 850 | Solid-state lithium-metal batteries are manufactured with anode-less cell design. | |
| factorialenergy.com | 2013 | Woburn, United States | $244.19M | – | Sustainable solid-state batteries are developed for vehicles and infrastructure. | |
| solidpowerbattery.com | 2011 | Louisville, United States | $182.02M | 270 | Solid-state lithium-ion batteries are developed with solid electrolyte layers. | |
| varta-ag.com | 1887 | Ellwangen, Germany | – | – | Lithium-ion batteries and storage systems are manufactured for diverse applications. | |
| cuberg.net | 2015 | Stanford, United States | – | 128 | Lithium-ion batteries are developed using a patented solid electrolyte. | |
| prologium.com | 2006 | Taoyuan, Taiwan | $576M | – | Manufacturer of thin and flexible lithium-ion batteries | |
| ionstoragesystems.com | 2015 | College Park, United States | $38M | 50 | Solid-state lithium batteries are manufactured for multiple applications. | |
| electrovaya.com | 1997 | Mississauga, Canada | – | – | Lithium-ion batteries and management systems are manufactured for key industries. | |
| sakuu.com | 2016 | San Jose, United States | $84.29M | – | Provider of AI-enabled desktop 3D battery printers for automotive applications | |
| lionvolt.com | 2020 | Eindhoven, Netherlands | $20.7M | – | Lithium-ion batteries are provided via 3D solid-state technology. |
Detailed competitors of Cymbet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Cymbet
Websites that share an audience with Cymbet (cymbet.com).
Websites whose visitors overlap most with Cymbet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eurobat.org | 100% | 2.1K | #7,792,270 | View details | |
| powercastco.com | 99% | 8K | #2,205,934 | View details | |
| digikey.com | 90% | 6.8M | #8,531 | View details | |
| designspark.com | 87% | – | – | View details | |
| alexandertechnologies.com | 81% | 2.1K | #8,430,758 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Cymbet
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Cymbet
Complete news archive for Cymbet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Cymbet
10 companies that operate in the same segment as Cymbet (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
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Frequently Asked Questions about Cymbet
Cymbet was founded in 2000 and raised its 1st funding round 1 year after it was founded.
Cymbet is headquartered in New Brighton, United States. It is registered at New Brighton, Minnesota, United States.
Monte Johnson is the current CEO of Cymbet.
Cymbet is a funded company, having raised a total of $151.83M across 25 funding rounds to date. The company's 1st funding round was a Series E of $523K, raised on May 2001.
Cymbet has 8 employees.
Cymbet was founded in 2000 and is headquartered in New Brighton, United States. Solid-state rechargeable batteries and thin-film lithium technologies are developed for energy storage applications. Solutions include backup power systems, embedded energy options, and energy harvesting methods. These products are utilized in IoT devices and medical equipment, supporting reliable power needs in compact electronics. Operations focus on advancing thin-film battery innovations for industrial and consumer sectors.
Cymbet's top competitors include Ion Storage Systems, Solid Power and QuantumScape.
Cymbet has 9 investors. Key investors include Texas Instruments, Bekaert, Dow, MINITOTO, and Intel Capital.
Cymbet operates through Cymbet Corporation.