BrightVolt
Latest round
- Series B
Last raised
- Sep 2021
Total raised
- $82M
Investors
- 11
About BrightVolt
BrightVolt Inc.Founded in 1998 and headquartered in Redmond, US, BrightVolt Inc. focuses on the innovation and production of thin-film batteries.15 mn.BrightVolt specializes in advanced energy storage solutions, primarily focusing on the development and production of thin-film batteries. These batteries are characterized by their high energy density, lightweight design, and versatility, making them suitable for a wide range of applications in various industries, including consumer electronics, medical devices, and IoT (Internet of Things) products. The company's flagship products aim to address the increasing demand for efficient and compact power sources, ultimately enhancing the performance and longevity of devices that rely on portable power.BrightVolt generates revenue through a combination of direct sales and partnerships with technology manufacturers and developers. The company’s business model is structured around B2B transactions, where products like their thin-film batteries are sold directly to clients in various sectors, including consumer electronics and medical technology. Clients typically engage in bulk purchases, allowing for consistent revenue streams as new projects and product lines are introduced. BrightVolt’s offerings are sold under structured agreements, which may include pricing based on volume, with potential options for long-term contracts to ensure a steady supply of their proprietary battery technology.BrightVolt Inc. is focused on expanding its product line with new thin-film battery technologies designed for emerging applications in the healthcare and smart device markets. The company aims to launch these products by the end of 2024. Additionally, BrightVolt plans to expand its reach into key markets in Asia and Europe, targeting new partnerships with local manufacturers by mid-2025.
Who invested in BrightVolt
11 investors across 8 rounds
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Funding rounds
Series B
Sep 21, 2021
Amount
$20M
Investors
Series E
May 13, 2011
Amount
$9M
Investors
Series D
Nov 30, 2009
Amount
$1.1M
Investors
Series D
Jul 16, 2009
Amount
$12M
Investors
Series C
Aug 22, 2005
Amount
$15M
Investors
Series B
Jul 11, 2003
Amount
$15M
Investors
Series A
Feb 14, 2002
Amount
$7M
Investors
Series A
Oct 11, 2001
Amount
$3M
Investors
Questions about BrightVolt
Who invested in BrightVolt?
BrightVolt has 11 investors on record across 8 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BrightVolt raised?
BrightVolt has raised 8 venture rounds. Sign up free to see how much each round raised and the total.
When did BrightVolt last raise money?
BrightVolt's most recent round on record is a Series B, in Sep 2021.
What does BrightVolt do?
BrightVolt is a energy storage & batteries company.
Where is BrightVolt headquartered?
BrightVolt is headquartered in Redmond, US.
Which VCs invest in companies like BrightVolt?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at BrightVolt's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series B
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