Founder & CEO
Profile summary: Diplom in Computer Science at RWTH Aachen University
Nyobolt
Nyobolt develops high-power battery technology that enables ultrafast charging, allowing electric vehicles to charge from 10% to 80% in under five minutes and supporting over 25,000 cycles without degradation. This technology addresses the limitations of traditional battery systems in automotive and industrial applications, enhancing performance and operational efficiency.
- Battery Technology
Updated 13 months ago
Funding
Raised to date
$73.7MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
$14.5M across 2 disclosed rounds
KMOETVWE$6.5M · Series A
Announced Jul 2024
Disclosed cumulative: $14.5M
2/2
Reported total $73.7M
Incomplete round history. $59.2M of the $73.7M reported total isn’t matched to a known round.
RoundDateAmountValuationInvestors
Founders
Product
Problem
Current battery technology limits the widespread adoption of electric vehicles and efficient operation of industrial equipment due to long charging times and degradation over repeated cycles. This results in inconvenience for EV users and reduced productivity in industrial applications.
Solution
Nyobolt is developing high-power battery technology that enables ultra-fast charging capabilities, significantly reducing charging times for electric vehicles and industrial robots. Their batteries are designed for high power output and a long cycle life, supporting over 25,000 cycles without significant degradation. Nyobolt offers two solutions: Nyobolt Ultra, which provides ultra-fast charging in 6-10 minutes with high voltage power and maximum runtime, and Nyobolt Xtreme, which achieves extreme charging in 1-5 minutes with high current power and a focus on maximum cycle life and low total cost of ownership. This technology aims to unlock the full potential of battery power, making EVs more convenient and industrial operations more efficient.
Target Audience
The primary target audience includes electric vehicle manufacturers, industrial robotics companies, and heavy-duty off-highway equipment providers seeking high-performance, fast-charging battery solutions.
Features
- Ultra-fast charging: Charges from 10% to 80% in under 5 minutes.
- High cycle life: Capable of over 25,000 cycles without significant degradation.
- Two product lines: Nyobolt Ultra for high voltage and runtime, and Nyobolt Xtreme for high current and cycle life.
- Customizable battery packs: Tailored to meet the specific needs of various applications.
- Carbon fiber bodywork (in demonstrator vehicle): Showcases potential for lightweight EV design.
- Integrated charging port: Type 2 charging port discreetly integrated into the vehicle design.