What is InoBat?
InoBat Auto operates at the intersection of advanced materials science and automotive engineering, specializing in the research, development, and manufacture of premium electric batteries. The firm distinguishes itself by providing bespoke energy storage solutions tailored to the rigorous specifications of global mainstream and specialist OEMs. Its market position is defined by a versatile application range, spanning commercial vehicles, high-performance motorsport, and the burgeoning aerospace industry. By focusing on custom-designed battery architectures, InoBat addresses the specific performance requirements of modern electric mobility, positioning itself as a vital link in the global supply chain for sustainable transportation technologies.
How much funding has InoBat raised?
InoBat has raised a total of $167.7M across 3 funding rounds:
Other Financing Round
$104M
Other Financing Round
$543K
Grant
$63.2M
Other Financing Round (2024): $104M with participation from IPM Group, Jatim Bromo Steel, Lilium, and Gotion
Grant (2025): $63.2M led by Spanish Ministry of Industry and Tourism
Other Financing Round (2025): $543K supported by Gotion High-tech
Key Investors in InoBat
IPM Group
IPM Group is a multi-service facilities management organization providing comprehensive support in security, fire safety, and telecommunications infrastructure.
Lilium
Lilium N.V. is a developer of electric vertical takeoff and landing aircraft, focusing on high-speed air transport systems and associated maintenance and digital support services.
Gotion High-tech
Gotion High-tech is a publicly listed enterprise specializing in power battery solutions for new energy vehicles and large-scale energy storage applications.
What's next for InoBat?
With the recent infusion of capital, InoBat is well-positioned to transition from intensive research and development toward full-scale industrial deployment. The strategic focus will likely center on optimizing manufacturing efficiencies and scaling production lines to meet the increasing demand for high-density battery systems. Furthermore, the involvement of key industry players suggests a move toward deeper vertical integration and collaborative development cycles. As the company navigates this major enterprise-level funding phase, the primary objective remains the commercialization of next-generation battery technologies that can withstand the demanding operational environments of electric vertical takeoff and landing aircraft and heavy-duty commercial transport. Future milestones will likely involve the expansion of its European manufacturing footprint and the strengthening of its intellectual property portfolio in lithium-based energy storage systems.
See full InoBat company page