LiNova Energy

LiNova Energy

Developing ultra high energy, sustainable batteries with polymer cathodes for EV, aerospace, and energy storage industries. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€57—86m (Dealroom.co estimates Apr 2024.)
California United States (HQ)
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DateInvestorsAmountRound
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$15.8m

Series A
Total Funding€14.4m

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LiNova Energy specializes in developing ultra high energy batteries using a revolutionary Polymer Cathode technology. These batteries are designed for the Electric Vehicle (EV), Aerospace, and Energy Storage sectors. Unlike traditional batteries, LiNova's products do not require Nickel or Cobalt, making them a sustainable and cost-effective solution. The company boasts a team of globally renowned battery experts, including top executives with extensive industry experience. LiNova's polymer cathode technology offers significant cost advantages over competitors like LFP and Li-Ion NMC cathodes, while providing higher energy density. The polymers used are abundant and readily available in North America, ensuring a reliable supply chain. LiNova Energy primarily serves industries looking for high-performance, sustainable energy solutions, and operates in the global battery market. The business model focuses on selling advanced battery technology to manufacturers in the EV, aerospace, and energy storage markets, generating revenue through product sales and potentially licensing agreements.

Keywords: Polymer Cathode, Ultra High Energy, Sustainable Batteries, EV, Aerospace, Energy Storage, Cost-Effective, Nickel-Free, Cobalt-Free, High Energy Density.