About StoreDot
StoreDot is a company based in Herzliya (Israel) founded in 2012 by Gil Rosenman and Doron Myersdorf.. StoreDot has raised $226 million across 10 funding rounds from investors including Polestar, Volvo Cars and Ola Electric. StoreDot offers products and services including 100inX Batteries, Silicon-Based Anodes, and Extreme Fast Charging Solutions. StoreDot operates in a competitive market with competitors including Verkor, Exponent Energy, Enevate, Ionblox and The Energy Company, among others.
- Headquarter Herzliya, Israel
- Founders Gil Rosenman, Doron Myersdorf
- Stage Unicorn
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Sectors
Transportation, Automotive & LogisticsTechnology Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$226 M (USD)
in 10 rounds
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Latest Funding Round
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Investors
Polestar
& 13 more
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Employee Count
Employee Count
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Products & Services of StoreDot
StoreDot offers a comprehensive portfolio of products and services, including 100inX Batteries, Silicon-Based Anodes, and Extreme Fast Charging Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Batteries enabling extreme-fast charging for electric vehicles with high energy density.
Technology for enhanced energy density in EV batteries using innovative materials.
Systems for rapid EV charging to reduce range anxiety and support mass adoption.
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Funding Insights of StoreDot
StoreDot has successfully raised a total of $226M across 10 strategic funding rounds. 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 Total Funding
- Total Rounds 10
- Last Round Last Round
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First Round
First Round
(25 Jun 2013)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series D - StoreDot | Valuation | Polestar |
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| Apr, 2022 | Amount | Series D - StoreDot | Valuation | Volvo Cars |
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| Mar, 2022 | Amount | Series D - StoreDot | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in StoreDot
StoreDot has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Polestar, Volvo Cars and Ola Electric. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in energy technology companies are made by BP Ventures.
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Founded Year | Domain | Location | |
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Tech & Offline focused VC firm funding companies in East Europe
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Founded Year | Domain | Location | |
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Private equity investments are targeted in Israel and the US.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by StoreDot
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - StoreDot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Storedot Comparisons
Competitors of StoreDot
StoreDot 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 Verkor, Exponent Energy, Enevate, Ionblox and The Energy Company, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion batteries are manufactured for electric vehicles and storage.
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| domain | founded_year | HQ Location |
Rapid-charging technology for electric vehicles is developed and scaled.
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| domain | founded_year | HQ Location |
Lithium-ion batteries are developed for advanced energy storage.
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| domain | founded_year | HQ Location |
Manufacturer of lithium-ion batteries
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| domain | founded_year | HQ Location |
AI-powered battery management and optimization systems are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Storedot
Frequently Asked Questions about StoreDot
When was StoreDot founded?
StoreDot was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is StoreDot located?
StoreDot is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Who is the current CEO of StoreDot?
Doron Myersdorf is the current CEO of StoreDot. They have also founded this company.
Is StoreDot a funded company?
StoreDot is a funded company, having raised a total of $226M across 10 funding rounds to date.
What does StoreDot do?
StoreDot was established in 2012 in Herzliya, Israel, focusing on the energy storage sector. Lithium-based batteries designed for rapid charging in electric vehicles are produced through the integration of nanostructural materials with organic binders and electrolytes. Optimized solutions are provided for automotive and other industries, emphasizing performance enhancements in battery technology. Operations center on innovation in battery chemistry to support broader electrification efforts.
Who are the top competitors of StoreDot?
StoreDot's top competitors include Exponent Energy, Verkor and Samsung SDI.
What products or services does StoreDot offer?
StoreDot offers 100inX Batteries, Silicon-Based Anodes, and Extreme Fast Charging Solutions.
Who are StoreDot's investors?
StoreDot has 14 investors. Key investors include Polestar, Volvo Cars, Ola Electric, Mercedes-Benz, and VinFast.
What is StoreDot's valuation?
The valuation of StoreDot is $1.5B as of Jan 2022.
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