Enevate
Charge EVs as fast as refueling gas
Irvine, United States · Founded 2005 · $135.0M raised
- Headquarters
- Irvine, California
- Founded
- 2005
- Business Model
- B2B
- Website
- enevate.com
- Total Funding
- $135.0M
- Last Round
- $24.0M Series BFeb 2021
- Rounds
- 3
About
Enevate Corporation is an advanced silicon-dominant lithium-ion battery technology company founded in 2005 in Irvine, California. Originally spun out of UC Irvine research (formerly Carbon Micro Battery), Enevate develops and licenses proprietary silicon-dominant Li-ion cell technology for electric vehicles, with the vision of enabling EVs to charge as fast as refueling a gas car. The technology delivers extreme fast charging, high energy density, and reliable low-temperature operation — improving EV range by up to 30% compared to traditional Li-ion batteries. Enevate licenses its technology to EV and battery manufacturers globally and has raised over $200M from investors including LG Chem, Samsung, Renault, and Fidelity. The company's domain was acquired in an asset acquisition process as of 2025.
Summary
Enevate is a Climate Tech company based in Irvine, United States, founded in 2005. It has raised $135.0M in total across 3 rounds, most recently a $24.0M Series B round in Feb 2021. Investors include CEC Capital, Fidelity Management and Tsing Capital.
Tech & App Stack
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Funding History
Feb 2021
Sign up to see all 3 rounds
Series B through Series E — per-round amounts, valuations, and who invested in each round.
Investors
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