Nybolt $1bn Valuation Underpins $60m Series C Raise
4 Articles
4 Articles
Nyobolt raises $60M at $1B valuation led by Symbotic for ultrafast-charging batteries powering warehouse robots and AI data centres
Cambridge battery startup Nyobolt hits unicorn status with $60M Series C led by Symbotic. Its niobium batteries charge in seconds and last 20,000+ cycles for robots and data centres.
Powering autonomous machines, physical AI applications and data centres.
Cambridge battery startup Nyobolt hits unicorn status with $60M Series C led by Symbotic
Nyobolt, a battery technology company from Cambridge, founded in 2019, has now raised $60 million at a $1 billion valuation to scale its technology. Symbotic, a Nasdaq-listed AI robotics company whose SymBot robots already use Nyobolt’s batteries, led the Series C funding round. Other investors included IQ Capital, Latitude, Scania Invest, and CBMM. With this round, Nyobolt’s total funding is now about $160 million. Nyobolt was co-founded by Dr …
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