# Linova Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/linova-energy

- Industry: Energy Storage & Batteries
- Headquarters: Monrovia, US
- Website: https://www.linovaenergy.com/
- Total disclosed funding: $11M
- Latest round: Series A (Apr 4, 2024)
- Investors on record: 4

## About

Based in California, US, and founded in 2022 by founders Lin-Feng Li and Zeiad Muntasser, Linova Energy Inc. is a producer of a polymer cathode battery designed for the electric vehicle (EV), aerospace, and energy storage industries. In April 2024, Linova Energy Inc. raised USD 10.5 million in series A funding led by new investor Catalus Capital, with participation from other new investors TotalEnergies, Chevron Technology Ventures, SB Opportunity Fund, and other unspecified investors. As of April 2024, the company is led by CEO Michael Nagus.

LiNova offers a technology polymer cathode platform utilizing LFP and Li-Ion NMC cathodes with energy density for the electric vehicle (EV), aerospace, and energy storage industries.

The company plans to use the April 2024 series A funding to enhance its product development and commercialization of its batteries.

## Funding rounds

- Series A, Apr 4, 2024, $11M — Chevron Technology Ventures, Catalus Capital, Saft Groupe SA, Open Opportunity Fund

## Investors

- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- Catalus Capital (https://capitalatlas.ai/funds/catalus-capital) — Series A
- Saft Groupe SA — Series A
- Open Opportunity Fund (https://capitalatlas.ai/funds/open-opportunity-fund) — Series A