# Britishvolt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/britishvolt

- Industry: Energy Storage & Batteries
- Headquarters: Blyth, UK
- Website: www.britishvolt.com
- Total disclosed funding: $54M
- Latest round: Series C (Feb 15, 2022)
- Investors on record: 4

## About

Based in Blyth, UK, and founded in 2019 by Orral Nadjari, Allan Paterson, Timon Orlob, Isobel Sheldon, Ray Macera, William Reynolds, Oliver Jones and Kasra Pezeshki, Britishvolt Limited operates as a electric vehicle (EV) battery startup. In February 2022, Britishvolt Limited raised GBP 40 million in series C financing by investors Bank of America and Citibank, Peel Hunt and Glencore Plc.

Britishvolt Limited provides lithium-ion batteries to provide battery solutions to homes, offices and communities. The company manufactures battery products for plug-in, electricity, and electronic-cars. The company operates renewable power generation sites that store solar, wind, hydro and other forms of renewable energy to manufacture low-carbon batteries.

Britishvolt Limited plans to use the funding to develop its battery manufacturing facility to produce battery cells for 300,000 electric car batteries per year.

## Funding rounds

- Series C, Feb 15, 2022, $54M — Bank of America, Peel Hunt, Glencore Plc, Citi Ventures

## Investors

- Bank of America — Series C
- Peel Hunt — Series C
- Glencore Plc — Series C
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series C