What is Nyobolt?
Headquartered in Cambridge, United Kingdom, Nyobolt operates at the intersection of advanced materials science and electrical engineering. The company has developed the Nyobolt Ultra and Nyobolt Xtreme systems, which represent a significant leap forward in battery performance, capable of achieving a 10% to 80% charge in under five minutes. Unlike traditional battery manufacturers, Nyobolt employs a strategic licensing model, allowing established producers to integrate its disruptive technology into electric vehicles, heavy-duty machinery, and industrial robotics. This approach facilitates rapid scalability and broadens the reach of their energy solutions across global markets, effectively addressing the critical bottleneck of charging downtime in the transition to sustainable power.
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 Cambridge Enterprise and IQ Capital
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 Phoenix Court, Symbotic, CBMM, IQ Capital, and Scania
Key Investors in Nyobolt
IQ Capital
A venture capital firm based in Cambridge and London specializing in deep-tech investments across machine learning, robotics, and advanced materials.
Scania CV
A Swedish manufacturer of commercial vehicles and buses, focusing on sustainable transport solutions and innovative heavy-duty machinery.
CBMM
The world-leading supplier of niobium products and technology, providing critical materials for advanced industrial and energy applications.
What's next for Nyobolt?
With this major enterprise-level funding, Nyobolt is poised to accelerate its commercialization roadmap and deepen its integration within the global supply chain. The company's focus will likely shift toward scaling its licensing partnerships and refining its manufacturing-ready battery architectures to meet the rigorous demands of commercial transport and robotics sectors. As the industry pivots toward electrification, Nyobolt's ability to deliver rapid-charge capabilities without compromising battery longevity provides a distinct competitive advantage. Future growth will be defined by the successful deployment of its technology in large-scale industrial applications, further cementing its role as a foundational player in the energy transition.
See full Nyobolt company page
