Latest news with #Volt14
Entrepreneur
05-05-2025
- Automotive
- Entrepreneur
Battery Tech Startup Volt14 Raises USD 1.87 Mn Led by Blume Ventures to Scale Silicon Anode Production
The funds will be deployed to scale manufacturing of its silicon-rich anodes and strengthen its technical team as it prepares for commercial adoption of its next-generation battery materials. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Battery technology startup Volt14 has raised USD 1.87 million in a Pre-Series A funding round led by Blume Ventures, with participation from Beyond Next Ventures, Spectrum Impact, Supermorpheus, and existing investor Cocoon Capital. With this round, the total funding raised by the company has reached USD 4.02 million. The funds will be deployed to scale manufacturing of its silicon-rich anodes and strengthen its technical team as it prepares for commercial adoption of its next-generation battery materials. Founded in 2019 by materials scientist Animesh Kumar Jha, Volt14 is at the forefront of battery innovation, focusing on ultra-high capacity electrode materials, particularly silicon-majority anodes for lithium-ion batteries. Its core offering is a ready-to-use, tunable anode product that promises a substantial boost in energy density without compromising performance or scalability. The company has also developed an in-house cylindrical EV-format battery cell, showcasing state-of-the-art energy density using its proprietary anodes. "We are delighted to have the backing and vote of confidence from such high-quality investors," said Animesh Jha, Founder of Volt14. "Over the past five years, our focused and resilient team has made outstanding progress in commercializing our high-performance silicon anode platform. Electrification is an irreversible trend, and we are excited to help our partners unlock tangible product advantages through superior battery performance." Dr Puneet Gupta, a seasoned silicon industry veteran, joined Volt14's Board last year, bringing two decades of management experience. Yifan Tang, ex-Tesla and CTO of SERES, has also come on board as an advisor. Blume Ventures' Arpit Agarwal commented, "Volt14 is fundamentally reimagining the future of battery technology. Their breakthrough silicon anode innovation could push the boundaries of what's possible with lithium-ion batteries. Under Animesh and Puneet's world-class leadership, we're confident in Volt14's global potential." Jay Krishnan, Partner at Beyond Next Ventures, added, "Our investment in Volt14 aligns with our thesis of 'Healthy Planet, Happy People'. Their mission to innovate in battery chemistry supports our commitment to backing pioneers who are building a sustainable future." Volt14's progress comes at a critical time, as global demand for lithium-ion batteries surges, fueled by the rapid rise of EVs and clean energy solutions.
Time of India
05-05-2025
- Automotive
- Time of India
Battery tech startup Volt14 raises $1.87 million from Blume Ventures, others
Battery technology developer Volt14 said on Monday it has raised $1.87 million in a funding round led by Blume Ventures . #Pahalgam Terrorist Attack Inside Operation Tupac: Pakistan's secret project to burn Kashmir Who is Asim Munir, the Zia-style general shaping Pakistan's faith-driven military revival 'Looking for partners, not preachers': India's strong message for EU amid LoC tensions The round also saw participation by Beyond Next Ventures, Spectrum Impact, Supermorpheus and existing investor Cocoon Capital. The company has raised $4.02 million so far. Volt14 said it will utilise the funds to scale up anode manufacturing and strengthen its team. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tiger got separated from her zookeeper 5 Years Ago. See their reunion! Story To Hear Founded in 2019 by Animesh Kumar Jha, Volt14 develops battery technologies with higher energy density and improvements in cost. The battery tech startup has developed an in-house cylindrical EV-format battery cell with energy density using silicon anode . Silicon industry expert Puneet Gupta, who has over two decades of management experience, joined the company's board of directors in 2024. EV battery industry veteran Yifan Tang, who has been associated with Tesla , Lucid and Seres in the past, has also joined the company as an advisor. Live Events "Volt14's technology delivers a substantial boost to energy density, can leverage installed cell production capacity, and scales efficiently — positioning us strongly for the future," said Jha. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The size of the global lithium-ion battery market is expected to surpass $300 billion by 2034 with a compound annual growth rate (CAGR) of more than 15%, says a report by industry research firm Global Markets Insights. According to the International Energy Agency, nearly one out of every five cars sold in 2023 was electric, and the global EV fleet is expected to grow 12-fold by 2035.
