Nyobolt

⚡UK-based Nyobolt has raised $30M in fresh funding, led by IQ Capital and Latitude (LocalGlobe’s sister fund), along with strategic backers Scania Invest and Takasago Industry. With $100M total funding, Nyobolt is supercharging its mission to deliver ultra-fast power systems, scaling tech, expanding globally, and growing its expert team. Learn more: https://lnkd.in/dSxggR57 Sai Shivareddy Kent J. Griffith Max Bautin Ash Arora Jessica Persson #deeptech #batterytech #uktech #innovation #energystorage #news #funding #startups #technology #evcharging #chargingtech

🔋 Sai Shivareddy | Nyobolt At the Hurun UK Under 40s & Unicorn Conference & Awards, we were honoured to celebrate Sai Shivareddy, CEO and co-founder of Nyobolt, a leader in ultrafast-charging battery technology. Driven by a passion for clean energy and materials innovation, Sai has spent over a decade developing energy storage solutions across industries. Since founding Nyobolt in 2019, he has taken a whole-systems approach to making accessible, high-power batteries a reality. A PhD graduate from St John’s College, Cambridge, where he collaborated with Dyson, Sai leads a world-class team of scientists and engineers, challenging conventions and redefining energy storage. ⚡

⚡️ Brilliant minds, bold ideas – the SET Award 2025 winners! ⚡️ The SET Tech Festival 2025 once again proved that the energy transition is not just a buzzword but a movement powered by ground-breaking start-ups. From ultra-fast charging to turning plastic waste into fuel, this year’s winners are nothing short of impressive. 🥁 Drumroll, please! Here are the five winners of the SET Award 2025: 🔋 Clean Energy & Storage – Cowa Thermal Solutions AG (Switzerland) 🚗 Mobility & Transportation – Nyobolt (UK) 🏭 Industry – Cyclize (Germany) 🏗️ Buildings & Construction – Concular (Germany) ⚡ Quality Energy Access & SDG-7 – Koolboks (France) Each of these start-ups is not only disrupting their industry but also fixing the planet while they’re at it. No pressure, of course. 😉 Today, our winners will take the stage at the Berlin Energy Transition Dialogue (BETD). They’ll be showcasing their innovations and sharing fresh ideas for a more sustainable future – proof that there are plenty of reasons to be optimistic about the energy transition. 🌍💡 The future is bright – and with these start-ups, also a lot more sustainable. 📸 Photo credits: photothek / Jule Sonntag #SETTF25 #SET25 #EnergyTransition #Innovation #BETD2025

Cambridge tech innovator Nyobolt has recharged its own cash batteries with a surge of activity in the last year which keeps it in the driving seat for more global growth. The company reports more than $9 million in revenue in 2024 – a 100X growth from 2023 – driven largely by customer contracts in AI-driven industrial automation. Nyobolt makes unique high-power batteries with ultra fast charging times and is a world leader in its sphere of activity in a mega-billion dollar market segment. It is on track to achieve revenue growth of over 300 per cent in 2025 thanks to increasing demand in AI infrastructure and heavy-duty sectors which require extreme power density and fast charge battery solutions with a longer operating life. Poised to announce new agreements in the first quarter of 2025, set for manufacturing growth in the East of England and to significantly increase headcount, the business has made significant progress in commercialising its proprietary battery technology to build on a transformative 2024. CEO Dr Sai Shivareddy said: “Significant progress has been made this year. The growing team here at Nyobolt and our investors are excited about the transformation and achievements and, crucially, the promising outlook for both short and long term. “In 2024, Nyobolt secured additional customers across AI driven industrial automation, heavy-duty off-road and robotics sectors – a testament to the growing demand for our industry-leading technology in high-power, high-uptime industries. This remarkable performance underscores the strength of our innovative solutions and increasing recognition.” To support demand, the business plans to increase headcount to drive further growth and product application. In addition, Nyobolt’s first UK manufacturing site is now on stream in Haverhill. “Nyobolt’s technology serves a wide range of applications built on a vertically-integrated battery value chain, demonstrating the potential to transform industries across the board,” adds Shivareddy. “Our improved operating performance supports the demand for higher uptime and unparalleled cycle life, delivering the lowest total cost of ownership to our customers.” Full article – https://lnkd.in/etNgtaYz

Cambridge tech innovator Nyobolt has recharged its own cash batteries with a surge of activity in the last year which keeps it in the driving seat for more global growth. The company reports more than $9 million in revenue in 2024 – a 100X growth from 2023 – driven largely by customer contracts in AI-driven industrial automation. Nyobolt makes unique high-power batteries with ultra fast charging times and is a world leader in its sphere of activity in a mega-billion dollar market segment. It is on track to achieve revenue growth of over 300 per cent in 2025 thanks to increasing demand in AI infrastructure and heavy-duty sectors which require extreme power density and fast charge battery solutions with a longer operating life. Poised to announce new agreements in the first quarter of 2025, set for manufacturing growth in the East of England and to significantly increase headcount, the business has made significant progress in commercialising its proprietary battery technology to build on a transformative 2024. CEO Dr Sai Shivareddy said: “Significant progress has been made this year. The growing team here at Nyobolt and our investors are excited about the transformation and achievements and, crucially, the promising outlook for both short and long term. “In 2024, Nyobolt secured additional customers across AI driven industrial automation, heavy-duty off-road and robotics sectors – a testament to the growing demand for our industry-leading technology in high-power, high-uptime industries. This remarkable performance underscores the strength of our innovative solutions and increasing recognition.” To support demand, the business plans to increase headcount to drive further growth and product application. In addition, Nyobolt’s first UK manufacturing site is now on stream in Haverhill. “Nyobolt’s technology serves a wide range of applications built on a vertically-integrated battery value chain, demonstrating the potential to transform industries across the board,” adds Shivareddy. “Our improved operating performance supports the demand for higher uptime and unparalleled cycle life, delivering the lowest total cost of ownership to our customers.” Full article – https://lnkd.in/etNgtaYz