Enovix Corporation

Energy Storage & BatteriesSeries CFremont, USenovix.com

Latest round

Series C

Last raised

Mar 2012

Total raised

$17M

Investors

2

About Enovix Corporation

Founded in 2007 and headquartered in Fremont, US, Enovix Corporation focuses on cutting-edge battery technology. The current CEO is Harrold Rust.Enovix specializes in the development and production of innovative lithium-ion batteries utilizing a 100% active silicon anode architecture. This technology enhances the energy density and performance of batteries, making them particularly well-suited for next-generation devices such as mobile phones, wearables, and enterprise-grade equipment that require robust energy solutions. By focusing on fast charging capabilities, improved thermal dissipation, and enhanced safety features, Enovix aims to address the evolving power needs of professionals in various industries. Their products are designed to unlock greater runtime and performance for end-users across global markets including North America, Europe, and Asia.07 mn for the year 2024.71 mn for the same period. Enovix's revenue model centers around partnerships and direct sales to businesses, particularly those in the technology and electronics sectors. Clients engage in transactions that typically involve bulk orders of Enovix batteries, which are tailored to meet specific performance and capacity requirements for their products.Enovix Corporation is focused on future growth through a strategic acquisition and product development. In September 2023, the company agreed to acquire Routejade Inc.5 mn in cash and 6,183,862 shares of Enovix Corporation. This acquisition aims to enhance Enovix's product portfolio and expand its technological capabilities.

Who invested in Enovix Corporation

2 investors across 3 rounds

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Funding rounds

  1. Series C

    Mar 7, 2012

    Amount

    $13M

    Investors

    Locked

  2. Series C

    Mar 31, 2011

    Amount

    $1.9M

    Investors

    Locked

  3. Series A

    Feb 23, 2007

    Amount

    $2.3M

    Investors

    Locked

Questions about Enovix Corporation

Who invested in Enovix Corporation?

Enovix Corporation has 2 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 Enovix Corporation raised?

Enovix Corporation has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Enovix Corporation last raise money?

Enovix Corporation's most recent round on record is a Series C, in Mar 2012.

What does Enovix Corporation do?

Founded in 2007 and headquartered in Fremont, US, Enovix Corporation focuses on cutting-edge battery technology.

Where is Enovix Corporation headquartered?

Enovix Corporation is headquartered in Fremont, US.

Which VCs invest in companies like Enovix Corporation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Enovix Corporation's stage. Their profiles are linked below.

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