What is Nyobolt?
Headquartered in Cambridge, United Kingdom, Nyobolt operates at the intersection of advanced materials science and electrical engineering. Founded in 2019, the company has carved out a unique market position by focusing on the development of ultra-fast charging battery technologies rather than traditional manufacturing. Its core value proposition lies in its proprietary systems that achieve a 10% to 80% charge in under five minutes, coupled with a lifespan exceeding 25,000 cycles. By adopting a licensing-first business model, Nyobolt enables established battery producers to integrate its high-performance solutions into diverse applications, ranging from heavy-duty machinery to autonomous robotics, thereby facilitating a faster transition to sustainable energy solutions.
How much funding has Nyobolt raised?
Nyobolt has raised a total of $159M across 4 funding rounds:
Series A
$10M
Series B
$59M
Other Financing Round
$30M
Series C
$60M
Series A (2021): $10M with participation from IQ Capital and Cambridge Enterprise
Series B (2022): $59M led by H.C. Starck Tungsten Powders
Other Financing Round (2025): $30M supported by IQ Capital, Latitude Financial Services, and Scania CV
Series C (2026): $60M featuring IQ Capital, CBMM, Scania, Phoenix Court, and Symbotic
Key Investors in Nyobolt
IQ Capital
IQ Capital is a venture capital firm based in Cambridge and London that specializes in deep-tech investments, including robotics, AI, and advanced materials. The firm focuses on supporting companies capable of global market dominance through disruptive algorithmic and engineering propositions.
CBMM
CBMM is the world-leading supplier of niobium products and technology, providing critical materials expertise that aligns with Nyobolt's advanced battery development goals.
Scania
Scania is a prominent Swedish manufacturer of commercial vehicles, including trucks and buses, focusing on sustainable transport solutions and industrial innovation.
What's next for Nyobolt?
With the successful closure of this major strategic investment, Nyobolt is poised to deepen its penetration into the global battery market. The strategic focus will likely shift toward expanding its licensing partnerships and refining its technology for mass-market adoption. As the demand for rapid-charging infrastructure grows, Nyobolt's ability to provide a scalable, high-cycle-life solution will be instrumental in its long-term growth strategy. Investors and industry observers will be monitoring the company's ability to maintain its technological edge while navigating the competitive landscape of energy storage innovation. The firm's emphasis on deep-tech integration suggests a future defined by strategic alliances with major automotive and industrial players, further cementing its role as a key enabler of the electrification revolution.
See full Nyobolt company page
