Developer of transformative battery technology intended to significantly improve range while lowering the cost of batter
Electrical Equipment📍 Novi, MIFounded 2020
Current Valuation
$1.2B
as of 2024-Q1
UNICORN
Developer of transformative battery technology intended to significantly improve range while lowering the cost of batteries and electric propulsion systems.
Company Profile
Founded
2020
HQ
Novi, MI
Employees
203
Total Raised
$428.5M
Last Round
Early Stage VC — $38.5M (Feb 2024)
IPO Status
private
Fundraising Status
Early Stage VC · $38.5M · 2y 6mo ago
privateTotal raised $428.5M
Secondary Market
Implied price / share
$6
Last round price / share
$13.74
vs last round
-56.3%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Early Stage VC
$38.5M
Feb 2024
—
$1.2B
Electric VehicleEnergyManufacturing
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q1. Refreshed quarterly.