# International Battery

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

- Industry: Energy Storage & Batteries
- Headquarters: Allentown, US
- Website: www.internationalbattery.com
- Total disclosed funding: $45M
- Latest round: Series C (May 6, 2010)
- Investors on record: 1

## About

International Battery specializes in advanced energy storage solutions, focusing on lithium-ion batteries for various industries, including electric vehicles, renewable energy, and consumer electronics.Established in 2005, International Battery operates from Allentown, US, providing innovative battery solutions. The company has secured 3 funding deals, with the latest being a Series C round in May 2010, raising USD 35 mn, led by Digital Power Capital. The total amount raised by the company stands at USD 35 mn, with a current valuation of USD 43.782 mn.International Battery offers advanced energy storage solutions, primarily focusing on lithium-ion battery technology. Their core products cater to various industries, including electric vehicles, renewable energy systems, and consumer electronics. These batteries are known for their high energy density, long cycle life, and rapid charging capabilities, addressing critical energy efficiency needs across multiple applications. The end users of International Battery's products include automotive manufacturers, energy providers, and technology companies that require reliable and sustainable power sources. Geographically, the company distributes its products in key markets such as North America, Europe, and Asia, ensuring a broad reach among diverse customer segments.International Battery engages in business transactions primarily through direct sales to B2B clients, including manufacturers and distributors in the electronics and automotive sectors. The company's revenue structure is largely built around sales of its flagship lithium-ion batteries, with pricing models tailored to meet specific client needs. Partnerships often involve bulk purchasing agreements that ensure consistent supply and reduced costs. The company may also offer tiered pricing plans based on order volume and product specifications, enabling flexibility for both large and small enterprises alike.International Battery is focused on expanding its product line and entering new markets. The company plans to launch innovative lithium-ion battery solutions that enhance performance and sustainability. Recent funding from the Series C round, raised in May 2010, will support these initiatives, allowing the company to invest in research and development. Additionally, International Battery targets expansion into emerging markets in Asia and Europe by the end of 2012, aiming to capture new customer segments and increase its global presence.

## Funding rounds

- Series C, May 6, 2010, $35M — Digital Power Capital
- Series B, Jun 12, 2009, $10M — Digital Power Capital

## Investors

- Digital Power Capital (https://capitalatlas.ai/funds/digital-power-capital) — Series B, Series C