Fast-charging battery firm Nyobolt raises $30 million for expansion

Fast-charging battery firm Nyobolt raises $30m for expansion

UK fast-charging battery technology company Nyobolt has raised $30m (R570m) to expand its business in autonomous warehouse robots and heavy duty vehicles and move into new markets including mainstream electric vehicles, it said on Wednesday.

Fast-charging battery firm Nyobolt raises $30 million for expansion

By Nick Carey LONDON (Reuters) – UK fast-charging battery technology company Nyobolt has raised $30 million to expand its business in autonomous warehouse robots and heavy duty vehicles and move into new markets including mainstream electric vehicles, it said on Wednesday. The latest fundraising was led by venture capital firms IQ Capital and Latitude and included Scania Invest, the venture capital arm of Scania, Volkswagen’s truckmaking busines…

Nyobolt raises $30m in funding

High-power ultrafast charging firm Nyobolt has raised $30 million in funding to accelerate its technology and expand. The funding, which brings the total raised for the firm to $100m, will accelerate the advancement of Nyobolt’s proprietary technology, fuel market expansion, and grow its team and cement its position as the industry leader in ultra-fast power systems. The investment, including from partner Scania Invest, will support the ongoing …

Nyobold raises $30M as demand for high-power energy solutions surge

Nyobolt has raised $30 million in funding, led by IQ Capital and Latitude, the sister fund of LocalGlobe, with strategic partners including Scania Invest and Takasago Industry.

Nyobolt raises US$30m in response to demand surge for high-power energy solutions

The post Nyobolt raises US$30m in response to demand surge for high-power energy solutions appeared first on Automotive Powertrain Technology International.

Nyobolt raises $30m to grow its fast-charging EV battery business

UK fast-charging EV battery technology firm, Nyobolt, has raised a significant $30 million worth of investment in its latest round of funding, bringing the total capital raised by the firm to around $100 million. The funding was led by IQ Capital and Latitude, whilst strategic partners also included Scania Group’s venture capital fund, Scania Invest, and Takasago Industry. With this additional funding, Nyobolt plans to grow its employee base, an…