StoreDot is a startup that develops batteries to replace the lithium-ion components used on drones and electric cars.
The extreme-fast charging battery pioneers StoreDot is a battery developer and materials innovation leader, developing ground-breaking battery technologies based on the design and synthesis of both organic and inorganic compounds. Replacing known materials and technologies with enhanced electro-chemical properties, StoreDot's proprietary compounds, combined with nano-materials, are optimized for Extreme Fast Charging - XFC of electric vehicles. Designed to replace known technologies by means of enhanced physical, chemical, electrical and optical properties, StoreDot’s technology, inspired by nature, can be optimized for multiple industries, including fast-charging batteries for mobile devices and electric vehicles. With a strong technological team of noted scientists and device engineering experts, StoreDot is positioned to reinvent the world of materials and devices as they know it.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
May 24, 2022 | Corporate Round | — | 1 | Polestar | — | Detail |
Jan 4, 2022 | Series D | $60M | 1 | Vinfast | — | Detail |
Aug 9, 2017 | Series C | $60M | 1 | Mercedes-Benz Group AG | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Polestar | Yes | Corporate Round |
Vinfast | Yes | Series D |
Mercedes-Benz Group AG | Yes | Series C |