Battery tech startup Volt14 raises $1.87 million from Blume Ventures, others

Here’s a breakdown of the details based on the information provided about Volt14:

Startup Details

  • Startup Name: Volt14
  • Founded: 2019
  • Founders: Animesh Kumar Jha

Funding Details

  • Total Amount Raised: $4.02 million (including the recent round)
  • Recent Fundraise Amount: $1.87 million
  • Funding Round Type: Not specified (possibly Seed or Series A)

Investors

  • Lead Investor: Blume Ventures
  • Other Investors:
    • Beyond Next Ventures
    • Spectrum Impact
    • Supermorpheus
    • Cocoon Capital (existing investor)

Use of Funds

  • Purpose: To scale up anode manufacturing and strengthen the team.

Advisors

  • Puneet Gupta: Silicon industry expert, joined the board in 2024.
  • Yifan Tang: EV battery industry veteran, associated with Tesla, Lucid, and Seres, joined as an advisor.

Technology Focus

  • Core Technology: Development of battery technologies with higher energy density utilizing a silicon anode in cylindrical EV-format battery cells.

Feel free to ask if you need further details!

Source link

2025-05-05 08:20:00

Leave a Reply