Enevate

Charge EVs as fast as refueling gas

Irvine, United States · Founded 2005 · $135.0M raised

Headquarters
Irvine, California
Founded
2005
Business Model
B2B
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

Series ESeries EFeb 2021
$81.0M

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Series B through Series E — per-round amounts, valuations, and who invested in each round.

Investors

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