Ionblox

Fremont, United States Founded: 2017 • Age: 9 yrs
Manufacturer of lithium-ion batteries
Annual revenue - Latest available
Total funding $56.0M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Ionblox

Ionblox is a company based in Fremont (United States) founded in 2017 by Michael Sinkula, Herman Lopez, and Sujeet Kumar. Ionblox has raised $56 million across 2 funding rounds from investors including Applied Materials, Lilium and Temasek. Ionblox offers products and services including Lithium-Ion Battery. Ionblox operates in a competitive market with competitors including Microvast, A123 Systems, Exponent Energy, StoreDot and Verkor, among others.

  • Headquarter Fremont, United States
  • Founders Michael Sinkula, Herman Lopez, Sujeet Kumar
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Ionblox Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $56 M (USD)

    in 2 rounds

  • Latest Funding Round
    $32 M (USD), Series B

    Feb 08, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Ionblox

Ionblox offers a comprehensive portfolio of products and services, including Lithium-Ion Battery.

Product name locked
Category locked
Primary

Delivers fast charging and extended range for electric vehicles and air mobility.

People of Ionblox

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Sujeet Kumar
Co-Founder & CEO
People
Herman Lopez
Co-Founder & CTO
People
Michael Sinkula
Co-Founder & CBO
People
Alex Lee
COO

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Funding Insights of Ionblox

Ionblox has successfully raised a total of $56M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $32 million completed in February 2023. 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 Ionblox

Ionblox has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Applied Materials, Lilium and Temasek.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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An investment platform is provided for diverse sectors and geographies.
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Investor details for Ionblox

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Ionblox

Investments
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Investment portfolio details for Ionblox

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  • Transaction dates
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Financial Statements - Ionblox

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Detailed financials for Ionblox

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Ionblox Comparisons

Ionblox Primary company
Description
Manufacturer of lithium-ion batteries
Location
Fremont, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ionblox

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Competitors of Ionblox

Ionblox 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 Microvast, A123 Systems, Exponent Energy, StoreDot and Verkor, among others.

Company Name Domain Founded year HQ Location Description
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Lithium-ion batteries for multi-category electric vehicles are developed.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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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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Energy storage systems are provided for grid-level and behind-the-meter applications.
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Detailed competitors of Ionblox

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Latest news on Ionblox

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Complete news archive for Ionblox

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Frequently Asked Questions about Ionblox

Ionblox was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Ionblox is headquartered in Fremont, United States. It is registered at Fremont, California, United States.

Sujeet Kumar is the current CEO of Ionblox. They have also founded this company.

Ionblox is a funded company, having raised a total of $56M across 2 funding rounds to date.

Manufacturer of lithium-ion batteries. The company develops batteries on silicon-based formulations with features like fast charging, high energy and power, and fossil-free mobility.

Ionblox's top competitors include Microvast, Exponent Energy and StoreDot.

Ionblox offers Lithium-Ion Battery.

Ionblox has 5 investors. Key investors include Applied Materials, Lilium, Temasek, Applied Ventures, and Catalus Capital.

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