About Enovix
Enovix is a company based in Fremont (United States) founded in 2006. Enovix has raised $125.03 million across 6 funding rounds from investors including T J Rodgers, York Capital and Sofinnova. The company has 570 employees as of December 31, 2024. Enovix has completed 1 acquisition, including Routejade. Enovix offers products and services including Enovix Batteries, BrakeFlow™, and Routejade Technology. Enovix operates in a competitive market with competitors including SunPower, Amprius Technologies, Nexeon, ORLIB and Starsight.io, among others.
- Headquarter Fremont, United States
- Employees 570 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Enovix Corporation
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Annual Revenue
$23.07 M (USD)201.86as on Dec 31, 2024
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Net Profit
-$222.24 M (USD)-3.82as on Dec 31, 2024
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EBITDA
-$157.98 M (USD)15.45as on Dec 31, 2024
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Total Equity Funding
$125.03 M (USD)
in 6 rounds
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Latest Funding Round
$20 M (USD), Series F
Sep 23, 2020
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Investors
York Capital
& 3 more
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Employee Count
570
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Enovix
Enovix is a publicly listed company on the NASDAQ with ticker symbol ENVX in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Enovix
Enovix offers a comprehensive portfolio of products and services, including Enovix Batteries, BrakeFlow™, and Routejade Technology.
High-performance lithium-ion batteries for various devices
System for enhanced power safety and thermal control
Advanced solutions for battery efficiency in electronics
People of Enovix
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Funding Insights of Enovix
Enovix has successfully raised a total of $125.03M across 6 strategic funding rounds. The most recent funding activity was a Series F round of $20 million completed in September 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.
Investors in Enovix
Enovix has secured backing from 4 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include T J Rodgers, York Capital and Sofinnova.
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Biotech funding, drug development support, and investment in life sciences.
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Investment management services are provided by York Capital.
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Investor details for Enovix
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Investments & Acquisitions by Enovix
Enovix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Routejade.
Investment portfolio details for Enovix
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Compact lithium-ion batteries are developed for consumer and IoT applications.
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Complete acquisition details for Enovix
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Financial Statements - Enovix
Detailed financials for Enovix
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Enovix Comparisons
Peer comparison for Enovix
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Competitors of Enovix
Enovix 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 SunPower, Amprius Technologies, Nexeon, ORLIB and Starsight.io, among others.
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Silicon-based solar PV modules are manufactured for diverse applications.
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Silicon nanowire-based Li-Ion batteries are developed for high energy density.
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Silicon-based anode technology for Li-ion batteries is provided.
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Lithium-ion and silicon battery solutions are provided.
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Online platform offering silicon-based batteries
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Detailed competitors of Enovix
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Latest news on Enovix
Complete news archive for Enovix
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Frequently Asked Questions about Enovix
Enovix was founded in 2006 and raised its 1st funding round 6 years after it was founded.
Enovix is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Raj Talluri is the current CEO of Enovix.
Enovix is a funded company, having raised a total of $125.03M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Enovix is 570.
Annual revenue of Enovix is $23.07M as on Dec 31, 2024.
Enovix was founded in 2006 and is headquartered in Fremont, United States. Advanced lithium-ion battery cells are developed by the company, utilizing a 3D silicon platform to enhance performance in mobile devices. Operations encompass the design and production of silicon anodes alongside comprehensive 3D battery architectures, targeting applications in consumer electronics and related sectors.
Enovix's top competitors include SunPower, Amprius Technologies and Nexeon.
Enovix offers Enovix Batteries, BrakeFlow™, and Routejade Technology.
Yes, Enovix is publicly traded on NASDAQ under the ticker symbol ENVX.
Enovix has made 1 acquisition, including Routejade.
Enovix has 4 investors. Key investors include T J Rodgers, York Capital, Sofinnova, and DCM.
The ticker symbol of Enovix is ENVX on NASDAQ.