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§ Private Profile · Fremont, CA, USA
Battery developer creating high-energy density lithium-ion batteries with silicon-dominant anodes for electric vehicles and aerial mobility.
Ionblox, based in Fremont, CA, develops high-energy density lithium-ion batteries utilizing silicon-dominant anodes for electric vehicles and aerial mobility. Their technology aims to deliver superior capacity, power, fast charging, and cycle life using commercial materials and scalable production processes. The company has secured $32 million in Series B funding, with an initial $24 million close led by Lilium and Applied Ventures, and holds over 40 patents. Ionblox also received a $3.5 million USABC development contract and partners with developers like Lilium for eVTOL applications. Key investors include Temasek and Catalus Capital, supporting the company's growth with fewer than 500 employees. Ionblox was founded in 2017 by Sujeet Kumar and Herman Lopez. Its business model centers on raises venture funding through equity rounds like Series B, secures development contracts and grants from organizations such as USABC.
Ionblox has raised $32.0M across 1 funding round.
Ionblox has raised $32.0M in total across 1 funding round.
Ionblox has raised $32.0M across 1 funding round. Most recently, it raised $32.0M Series B in February 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 8, 2023 | $32M Series B | — | Anand Kamannavar, Catalus Capital, Yves Yemsi, Temasek | Announced |
Ionblox has raised $32.0M in total across 1 funding round.
Ionblox's investors include Anand Kamannavar, Catalus Capital, Yves Yemsi, Temasek.