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Microvast
company
About
Microvast designs, develops, and manufactures charging, battery control systems for electric vehicles with superior safety.
- 1001 - 5000
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $200M
- Industries
- Consumer Electronics,Energy Storage,Environmental Engineering,Manufacturing
- Founded date
- Jan 1, 2006
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
Microvast, Inc. is a technology innovator that designs, develops and manufactures lithium-ion battery solutions. Microvast is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry (cathode, anode, electrolyte, and separator) to battery packs. By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$250M
Microvast has raised a total of
$250M
in funding over 2 rounds. Their latest funding was raised on
Oct 19, 2022 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 19, 2022 | Grant | $200M | 1 |
US Department of Energy
|
— | Detail |
| Jul 18, 2011 | Series Unknown | $50M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Microvast is funded by 2 investors.
US Department of Energy
and IFC Venture Capital Group
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
US Department of Energy
|
Yes | Grant |
IFC Venture Capital Group
|
— | Series Unknown |
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