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§ Private Profile · Stockholm, Stockholms Lan, Sweden
Manufactures lithium-ion battery systems for energy storage, electric transportation, and material handling. Focuses on safety, long cycle life.
Founded in 1996 by Sankar Das Gupta and Jim Jacobs, Electrovaya is a Mississauga, Ontario, company that designs, develops, and manufactures advanced lithium-ion batteries and battery management systems. The organization specializes in proprietary Infinity battery technology and emerging solid-state solutions utilized across material handling, heavy-duty electric vehicles, robotics, and defense sectors. Publicly traded on the NASDAQ and TSX exchanges under the ticker ELVA, the business successfully supplies its energy storage products to major blue-chip industrial clients and Fortune 500 corporations. Operating with a dedicated team of 97 employees and holding over 100 patents, the enterprise recently achieved a total market capitalization of approximately 265,000,000 dollars. During the 2025 fiscal year, the firm generated 63,800,000 dollars in record revenue alongside 3,300,000 dollars in net profit, supported by a successful 28,100,000 dollar equity raise.
Elva has raised $1.5M across 1 funding round.
Elva has raised $1.5M in total across 1 funding round.
Elva has raised $1.5M in total across 1 funding round.
Elva's investors include Lifeline Ventures, Cal Henderson, First Fellow Partners, Tiny VC, Wave Ventures.
Elva has raised $1.5M across 1 funding round. Most recently, it raised $1.5M Pre-Seed in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 10, 2026 | $1.5M Pre Seed | Lifeline Ventures | CAL Henderson, First Fellow Partners, Tiny VC, Wave Ventures | Announced |