Sonocharge
Venture Round in 2025
Sonocharge Energy is focused on developing innovative battery technology that enhances the performance of rechargeable, energy-dense, and long-duration batteries. Its platform technology facilitates efficient charging, which is applicable across various markets, including transportation, electric vehicles, e-mobility, electric bikes, scooters, aerospace, electric airplanes, and drones. By improving battery performance and safety, Sonocharge addresses the growing demand for higher power density and energy solutions across multiple industries.
Amogy
Venture Round in 2025
Amogy is a pioneering company focused on developing carbon-free energy solutions for hard-to-abate sectors such as maritime transport, power generation, and heavy industries. The company's core technology involves patented ammonia cracking, which efficiently splits liquid ammonia to produce electrical power in conjunction with hydrogen fuel cells, enabling zero-emission operations at competitive costs.
Ola Electric
Series E in 2023
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
Ola Electric
Private Equity Round in 2023
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
Mahindra Electric Automobile
Private Equity Round in 2023
Mahindra Electric Automobile operates as a four-wheeler (4W) passenger electric vehicle company.
TeraWatt Technology
Series C in 2023
TeraWatt Technology Inc., founded in 2017 and headquartered in Santa Clara, California, with a subsidiary in Tokyo, Japan, specializes in the design and development of lithium-ion rechargeable batteries for various electrified applications. The company focuses on manufacturing batteries that combine energy and power density with safety, catering to industrial clients in need of long-lasting and reliable power solutions. TeraWatt Technology employs competitive engineering practices and production processes to ensure high-quality battery performance, positioning itself as a key player in the rechargeable battery market.
Amogy is a pioneering company focused on developing carbon-free energy solutions for hard-to-abate sectors such as maritime transport, power generation, and heavy industries. The company's core technology involves patented ammonia cracking, which efficiently splits liquid ammonia to produce electrical power in conjunction with hydrogen fuel cells, enabling zero-emission operations at competitive costs.
Ionblox is a technology company focused on advancing battery solutions by utilizing proprietary silicon-based formulations. The company specializes in developing high-energy lithium-ion batteries that feature innovative silicon-based anodes, which address common issues such as poor cycling performance and swelling. By combining these high-capacity anodes with efficient cathode materials, Ionblox achieves energy densities significantly greater than those currently available in the market. Their products are particularly suited for electric vehicle manufacturers seeking long-lasting and high-performance batteries.
Our Next Energy
Series B in 2023
Our Next Energy is a developer and manufacturer of advanced energy storage technology, established in 2020 and headquartered in Novi, Michigan. The company specializes in innovative battery chemistries that prioritize safety and utilize sustainable raw materials, aiming to create a reliable and cost-effective supply chain. By employing a dual-chemistry design, Our Next Energy enhances energy density and safety, catering to mobility and grid storage applications. This approach enables original equipment manufacturers to meet market range expectations while promoting access to sustainable power solutions.
Einride AB, established in 2016, specializes in sustainable freight transportation. Headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, the company manufactures electric trucks, known as Einride Pods, for road freight. These vehicles are designed for autonomous operation, reducing emissions and enhancing safety. Einride also offers digital platforms for clients to plan, order, and track shipments, providing real-time data and insights. Notably, Einride became the first company to operate an autonomous, electric freight vehicle on a public road in 2019.
Brusa HyPower
Corporate Round in 2022
BRUSA HyPower is an energy conversion company focused on producing power technologies for electromobility. They manufacture a range of products including batteries, fuel cells, direct current converters, and onboard charging systems. These offerings are designed to support the transformation of electric vehicles for both on-highway and off-highway applications. By developing e-mobility systems suitable for everyday use, BRUSA HyPower aims to enhance the adoption of electric vehicles, contributing to long-term environmental and societal benefits. Their commitment to an ambitious environmental strategy underscores their role in promoting sustainable energy solutions.
TeraWatt Technology
Series B in 2022
TeraWatt Technology Inc., founded in 2017 and headquartered in Santa Clara, California, with a subsidiary in Tokyo, Japan, specializes in the design and development of lithium-ion rechargeable batteries for various electrified applications. The company focuses on manufacturing batteries that combine energy and power density with safety, catering to industrial clients in need of long-lasting and reliable power solutions. TeraWatt Technology employs competitive engineering practices and production processes to ensure high-quality battery performance, positioning itself as a key player in the rechargeable battery market.
Gogoro Inc. is a manufacturer of two-wheeled electric vehicles and a pioneering provider of battery swapping infrastructure, based in Taoyuan City, Taiwan. Founded in 2011, the company specializes in electric scooters, notably the Smartscooter, which features cloud connectivity and an electric powertrain that utilizes a network of swappable batteries. This modular battery swapping system allows urban riders to access portable power through strategically placed battery vending machines, facilitating the adoption of electric mobility in densely populated areas. Gogoro aims to transform megacities into smart cities by making energy distribution more efficient and accessible. The company's comprehensive ecosystem includes Gogoro Smart Batteries, GoStations, and battery management systems, contributing to a seamless integration of hardware and software. The majority of Gogoro's revenue is generated in Taiwan, where it has established a strong presence.
AutoBrains
Series C in 2022
AutoBrains is a company specializing in automotive visual intelligence. Their platform is designed to enhance autonomous driving services by providing safer and more effective solutions. The technology is built on over 200 patents and employs signature-based representation structures along with unsupervised learning methodologies. This approach allows for a detailed understanding of the vehicle's environment, benefiting applications such as advanced driver assistance systems, mobility, and localization. Ultimately, AutoBrains aims to increase car safety and reduce casualties on global motorways.
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.
Ola Electric
Series C in 2021
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
AutoBrains
Series C in 2021
AutoBrains is a company specializing in automotive visual intelligence. Their platform is designed to enhance autonomous driving services by providing safer and more effective solutions. The technology is built on over 200 patents and employs signature-based representation structures along with unsupervised learning methodologies. This approach allows for a detailed understanding of the vehicle's environment, benefiting applications such as advanced driver assistance systems, mobility, and localization. Ultimately, AutoBrains aims to increase car safety and reduce casualties on global motorways.
Einride AB, established in 2016, specializes in sustainable freight transportation. Headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, the company manufactures electric trucks, known as Einride Pods, for road freight. These vehicles are designed for autonomous operation, reducing emissions and enhancing safety. Einride also offers digital platforms for clients to plan, order, and track shipments, providing real-time data and insights. Notably, Einride became the first company to operate an autonomous, electric freight vehicle on a public road in 2019.
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.
SolidEnergy Systems Corp. develops and manufactures rechargeable lithium metal batteries primarily for applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and based in Woburn, Massachusetts, the company focuses on producing high-performance lithium metal batteries and supplying essential materials, such as anodes and electrolytes, to major lithium-ion cell manufacturers. These materials can be integrated into existing manufacturing processes, allowing for scalability without significant infrastructure investments. SolidEnergy's pilot-scale production caters to prototype demonstrations and specialized aerospace markets, while its future growth is aimed at mainstream sectors like consumer electronics and electric vehicles. Additionally, the company is involved in developing AI-powered safety algorithms and recycling solutions, positioning itself as an integrated battery manufacturer with a commitment to innovation and sustainability.
Gogoro Inc. is a manufacturer of two-wheeled electric vehicles and a pioneering provider of battery swapping infrastructure, based in Taoyuan City, Taiwan. Founded in 2011, the company specializes in electric scooters, notably the Smartscooter, which features cloud connectivity and an electric powertrain that utilizes a network of swappable batteries. This modular battery swapping system allows urban riders to access portable power through strategically placed battery vending machines, facilitating the adoption of electric mobility in densely populated areas. Gogoro aims to transform megacities into smart cities by making energy distribution more efficient and accessible. The company's comprehensive ecosystem includes Gogoro Smart Batteries, GoStations, and battery management systems, contributing to a seamless integration of hardware and software. The majority of Gogoro's revenue is generated in Taiwan, where it has established a strong presence.
Meituan Bike
Private Equity Round in 2017
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.
Nio is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.