Cymbet Corporation
Latest round
- Series C
Last raised
- Jan 2010
Total raised
- $52M
Investors
- 9
About Cymbet Corporation
Cymbet Corporation, founded in 2000, is based in Elk River, US, focusing on the development of advanced energy storage technologies.Cymbet Corporation specializes in the development and manufacture of innovative energy storage solutions, primarily focusing on solid-state batteries and energy management systems. Their flagship product, the EnerChip™, is a thin-film battery technology designed for use in a variety of electronic applications, such as RFID tags, medical devices, and Internet of Things (IoT) devices. Offering high energy density, long cycle life, and the ability to operate in extreme temperatures, these products provide enhanced reliability and performance.Cymbet's revenue model is structured around direct sales of its energy storage products and systems to OEMs (original equipment manufacturers) and other industrial clients. These transactions often involve customized solutions tailored to specific client needs, fostering long-term partnerships rather than one-off sales. The company implements pricing strategies based on volume orders for their EnerChip™ products, with clients benefiting from tiered pricing models that incentivize larger bulk purchases.Cymbet Corporation's strategy for future growth includes the development of new products to enhance their energy storage portfolio. Plans are in place to expand into emerging markets across Asia and Europe by 2025.1 mn, is expected to support these initiatives, enabling the company to advance its product offerings and reach new customers in targeted regions.
Who invested in Cymbet Corporation
9 investors across 3 rounds
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Questions about Cymbet Corporation
Who invested in Cymbet Corporation?
Cymbet Corporation has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cymbet Corporation raised?
Cymbet Corporation has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Cymbet Corporation last raise money?
Cymbet Corporation's most recent round on record is a Series C, in Jan 2010.
What does Cymbet Corporation do?
Cymbet Corporation, founded in 2000, is based in Elk River, US, focusing on the development of advanced energy storage technologies.
Where is Cymbet Corporation headquartered?
Cymbet Corporation is headquartered in Elk River, US.
Which VCs invest in companies like Cymbet Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Cymbet Corporation's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series C
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