# EVident Battery

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/evident-battery

- Industry: Software
- Headquarters: Westford, US
- Website: www.batteryevidence.com
- Total disclosed funding: $6.3M
- Latest round: Seed (Apr 1, 2025)
- Investors on record: 4

## About

EVident Battery, Inc. specializes in automated inspection and imaging systems for electric vehicle batteries, offering advanced diagnostic tools that assess battery health and performance.Founded in 2023, EVident Battery, Inc. focuses on developing innovative solutions for the electric vehicle battery sector. The company is headquartered in Westford, US. In April 2025, EVident Battery, Inc. raised USD 3.2 million in seed funding led by returning investor Ibex Investors, with participation from other returning investors Nationwide Ventures, Automotive Ventures and Avesta Capital. Individual and other unspecified investors also participated in the round. EVident Battery specializes in automated, non-destructive inspection and imaging systems for electric vehicle (EV) battery packs. Their core offering includes advanced diagnostic tools that assess the battery's health, estimate remaining lifespan, and provide financial valuations. Utilizing proprietary hardware and artificial intelligence, their systems deliver comprehensive insights into critical aspects of battery packs, such as thermal systems, insulation, and internal structures. The technology allows businesses, including EV manufacturers, service facilities, dealerships, and insurance companies, to conduct rapid assessments and detect issues proactively. EVident Battery's solutions are applicable across various geographical markets, focusing on regions with a strong presence of electric vehicles, including North America, Europe, and parts of Asia.The revenue model for EVident Battery revolves around the provision of diagnostic services and products to a diverse clientele, including automotive manufacturers, service centers, and insurance firms. Business transactions are structured primarily as B2B engagements, where clients may utilize EVident Battery’s advanced inspection technologies on a subscription basis or through one-off service agreements. The company’s flagship product encompasses a suite of diagnostic tools, including their specialized battery pack inspection systems, which streamline the evaluation process and enhance operational efficiency. Each transaction typically involves detailed reporting on battery health and performance metrics, facilitating informed decision-making for clients regarding maintenance and valuation. The pricing structure reflects the comprehensive nature of services provided, ensuring clients receive valuable insights that contribute to reducing potential financial losses associated with battery failures. The company will use the April 2025 funding to expedite its R&D projects, improve production capabilities, advance strategic alliances, and grow its workforce by adding more engineering, manufacturing, and business development specialists.

## Funding rounds

- Seed, Apr 1, 2025, $3.2M — Ibex Investors, Nationwide Ventures, Automotive Ventures, Avesta Fund
- Seed, Jul 22, 2024, $3M — Ibex Investors, Nationwide Ventures, Automotive Ventures, Avesta Fund

## Investors

- Ibex Investors (https://capitalatlas.ai/funds/ibex-investors) — Seed
- Nationwide Ventures (https://capitalatlas.ai/funds/nationwide-ventures) — Seed
- Automotive Ventures (https://capitalatlas.ai/funds/automotive-ventures) — Seed
- Avesta Fund (https://capitalatlas.ai/funds/avesta-fund) — Seed