# InoBat AS

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

- Industry: Energy Storage & Batteries
- Headquarters: Bratislava, Slovakia
- Website: www.inobatauto.eu/
- Total disclosed funding: $107M
- Latest round: Series C (Dec 4, 2024)
- Investors on record: 8

## About

Founded in 2019 and based in Bratislava, Slovakia, InoBat AS operates as a developer of lithium-ion battery cells for industrial, automotive, transport, aviation, and commercial applications. Marian Bocek (CEO) and Faysal Sohail are the co-founders of the company. In December 2024, InoBat AS raised EUR 100 million in series C funding returning investors Amara Raja Batteries Limited and Gotion High-Tech. New investors, Lilium GmbH, Slovak Investment Holding, a.s., Rio Tinto Group, IPM Group, Bromo Capital, and Cielo Capital.

The company specializes in the research, development, and manufacture of advanced electric batteries. The firm focuses on creating customizable battery solutions tailored to the needs of automotive, commercial vehicle, motorsport, and aerospace sectors. InoBat's batteries are designed to offer flexibility in power capability, energy density, cycle life, and safety, addressing diverse application requirements from cars to aviation and commercial vehicles.

The organization plans to use the June 2024 funding to boost market expansion activities, increase manufacturing capacity, and improve battery technology.

## Funding rounds

- Series C, Dec 4, 2024, $107M — Rio Tinto Group, Lilium GmbH, InfraPartners Management, Amara Raja Batteries Limited, Gotion High-Tech, Bromo Capital, Cielo Capital, Slovak Investment Holding

## Investors

- Rio Tinto Group — Series C
- Lilium GmbH — Series C
- InfraPartners Management — Series C
- Amara Raja Batteries Limited — Series C
- Gotion High-Tech — Series C
- Bromo Capital — Series C
- Cielo Capital — Series C
- Slovak Investment Holding — Series C