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Enevate
AddedFeb 15, 2024
UpdatedJun 18, 2026
Enevate

Enevate

Enevate: Innovating in the Li-ion ecosystem with advanced rechargeable battery storage technology.

HQ
Irvine, CA, US
Founded
2005
Overview
Compare
Fundraising
Employees
News
Website

Enevate, founded with a mission to revolutionize the electric vehicle (EV) market, focuses on developing advanced rechargeable battery storage technology within the Li-ion ecosystem. The company aims to make EVs more convenient than traditional gas cars by offering extreme fast-charging (XFC) technology combined with high energy density and improved safety features. Enevate's innovative solutions also contribute to reduced CO2 emissions and enhanced performance in low-temperature environments, positioning it as a key player in the sustainable energy sector.

Notable figures affiliated with Enevate include pioneers in the Li-ion battery industry and a leadership team with extensive experience in energy storage technologies. The company has attracted significant investment from major industry players, underscoring its potential impact. Key achievements include partnerships with leading automotive manufacturers and technology firms to integrate their XFC technology into next-generation EVs. Enevate's advancements promise to accelerate the adoption of electric vehicles by addressing critical barriers such as charging time and energy efficiency, thereby contributing to a greener future.

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Enevate - Quick Facts

Who are Enevate's competitors?

Companies similar to Enevate include Adden Energy, EnPower, Enovix and Xilectric.

When was Enevate founded?

Enevate was founded in 2005.

Where is Enevate's headquarters located?

Enevate's headquarters is located in Irvine, CA, US.

When was Enevate's last funding round?

Enevate's most recent funding round was for $81M (USD) in February 2021.

How much has Enevate raised to-date?

As of Feb 10, 2021, Enevate has raised a total of $192.6M (USD).

How many employees does Enevate have?

Enevate has 72 employees as of Feb 4, 2024.

Enevate - Classification

Industry
  • Hardware
Ownership
  • Equity
  • Venture Capital
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Batteries
Tags
  • Cleantech
  • Technology
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 5 more industry codes
NAICS
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services