InoBat
Electronics · Slovakia · 51-200 Employees
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Overview
Headquarters
Mostová 6, Bratislava, Trnavsky, 811 02,...Website
www.inobat.euRevenue
$5 MillionIndustry
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Other Financing Round
$104M
Other Financing Round
$543K
Grant
$63.2M
InoBat Tech Stack
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InoBat News & Media
InoBat secures funding for battery cell plant in Spain - electrive.com
Slovak battery cell manufacturer InoBat has secured a grant of €54 million and a loan of €456,000 to build a gigafactory in Valladolid, northern Spain. TheSlovak startup InoBat launches battery for military drones
LONDON (Reuters) -Slovak startup InoBat plans to launch a battery designed for military drones and unmanned aerial systems, it said on Monday, as it responds to an upsurge in European defence spending. The company will start producing the E10 cell in September and is in "in early-stage collaboration with selected European drone manufacturers," CEO Marian Bocek told Reuters. "We are engaging with drone manufacturers that require a technologically superior European battery solution," BocekSlovak battery maker InoBat raises 100 million euros in latest funding round
The funding round, the largest ever for a technology company in Slovakia, also included contributions from the country's sovereign wealth fund, Lilium, Bromo Capital, IPM Group and Cielo Capital, and complemented an investment from strategic investors Amara Raja and Rio Tinto, it said. The news comes less than a month after Northvolt, the Swedish maker of battery cells for electric vehicles, filed for Chapter 11 bankruptcy protection in the U.S., raising concerns about theAmara Raja Energy & Mobility hikes stake in InoBat to 9.32% | Zee Business
With the latest investment, the company's total holding will be around 9.32 per cent of its equity stake in InoBat AS, including its previous investment of 10 million euros, Amara Raja Energy & Mobility Ltd said in a statement. Get more Companies News and Business News on Zee Business.
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Frequently Asked Questions Regarding InoBat
InoBat Auto specializes in the pioneering research, development, manufacture, and provision of premium innovative electric batteries custom-designed to meet the specific requirements of global mainstream and specialist OEMs within the automotive, commercial vehicle, motorsport, and aerospace sectors.... Read More