Ionblox has raised a $32M Series B to offer advanced EV batteries that charge in 10 minutes.

 

Ionblox has raised a $32M Series B to offer advanced EV batteries that charge in 10 minutes. 

The company has 40 patents and specializes in the pre-lithiation process.


  • Ionblox develops advanced lithium-ion cells that have pre-lithiated silicon-dominant anodes. 
  • This technology enables EVs to charge in 10 minutes, much faster than the current status quo in the industry.
  • Lilium and Applied Ventures led the funding round, with participation from Temasek and Catalus Capital.
  • Ionblox is currently developing fast-charging batteries for USABC, among others.
  • Since its inception in 2017, the company has raised over $36M.
  • The company is based in Fremont, California.

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