About Enevate
Enevate is a company based in Irvine (United States) founded in 2006 by Benjamin Park. Enevate has raised $148.2 million across 8 funding rounds from investors including Fidelity Investments, Bangchak and LG Chem. The company has 72 employees as of December 31, 2022. Enevate operates in a competitive market with competitors including Exponent Energy, StoreDot, Verkor, Ionblox and Samsung SDI, among others.
- Headquarter Irvine, United States
- Employees 72 as on 31 Dec, 2022
- Founders Benjamin Park
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Phone
Locked
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Website
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Social
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- Legal Name Enevate Corporation
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$148.2 M (USD)
in 8 rounds
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Latest Funding Round
$81 M (USD), Series E
Feb 10, 2021
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Investors
Fidelity Investments
& 11 more
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Employee Count
72
as on Dec 31, 2022
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People of Enevate
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Funding Insights of Enevate
Enevate has successfully raised a total of $148.2M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $81 million completed in February 2021. 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.
Investors in Enevate
Enevate has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Bangchak and LG Chem.
| Investor | Description | Founded Year | Domain | Location |
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VC firm for early-stage startups
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Quantum technology commercialization is supported through strategic investments.
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Tech & Energy focused Early & Growth stage Impact VC firm investing primarily in China and the US
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Locked | Locked | Locked |
Investor details for Enevate
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Investments & Acquisitions by Enevate
Investment portfolio details for Enevate
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Financial Statements - Enevate
Detailed financials for Enevate
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Enevate Comparisons
Peer comparison for Enevate
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Competitors of Enevate
Enevate 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 Exponent Energy, StoreDot, Verkor, Ionblox and Samsung SDI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Rapid-charging technology for electric vehicles is developed and scaled.
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Fast-charging lithium batteries for electric vehicles are developed and manufactured.
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Lithium-ion batteries are manufactured for electric vehicles and storage.
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Manufacturer of lithium-ion batteries
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Manufacturer of rechargeable batteries and components for energy storage
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Detailed competitors of Enevate
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Latest news on Enevate
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Frequently Asked Questions about Enevate
Enevate was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Enevate is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Enevate is a funded company, having raised a total of $148.2M across 8 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Enevate is 72.
Enevate was founded in 2006 and is headquartered in Irvine, United States. Operations focus on the development of lithium-ion battery technology within the energy storage sector. Rechargeable batteries are provided through a platform that utilizes specialized materials and structures. These enable higher energy capacity in reduced sizes while ensuring compatibility with standard lithium-ion applications.
Enevate's top competitors include Exponent Energy, StoreDot and Verkor.
Enevate has 12 investors. Key investors include Fidelity Investments, Bangchak, LG Chem, European Union, and Mission Ventures.