Nyobolt, based in Cambridge, focuses on high-power battery and ultrafast charging technologies. The company has raised $30M in funding, bringing total capital to $100M. The funding round was led by IQ Capital and Latitude, highlighting Nyobolt's ability to transform advanced tech research into a global business. With increased demand for electrification across transport and data centers, Nyobolt's innovative systems aim to meet rising energy needs while minimizing emissions, positioning them as key players in the energy sector amid the AI revolution.
Max Bautin, co-founder and Managing Partner at IQ Capital, says, "Nyobolt has achieved what so few companies can do: translating deep tech research from the lab into a global, impactful business. In just a few short years they have become the go-to provider of high-power density solutions for AI warehouse operations and heavy-duty vehicles."
With the advent of the AI revolution, they are in prime position to become the backbone of critical AI infrastructure. We're continuing to support Sai and the Nyobolt team as they take on this ambitious challenge not just as a company but the whole energy sector.
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