• Edit
DateInvestorsAmountRound
-

N/A

-

$6.0m

Series A

N/A

Angel

N/A

Series B

N/A

Series B

$42.0m

Series B

$2.0m

Series B
*

$60.0m

Valuation: $440m

Series C
*

$20.0m

Series C
*

N/A

Support Program
N/A

N/A

Grant

N/A

Secondary
*

$80.0m

Valuation: $1.2b

Series D
*

N/A

Late VC
Total Funding$210m

Recent News about StoreDot

Edit
More about StoreDotinfo icon
Edit

StoreDot is a cutting-edge startup that operates in the electric vehicle (EV) market, specifically in the area of battery technology. The company's primary offering is its innovative battery chemistry that allows for fast, safe, and cost-effective charging of electric vehicles. This technology is designed to alleviate 'range anxiety' - a common concern among EV users about the distance they can travel on a single charge.

StoreDot's business model revolves around the development and sale of its '100inX' batteries. These batteries are unique in their ability to maximize the number of miles per charge, thereby making EVs more practical and appealing to a broader market. The company achieves this through a combination of organic chemistry, nanotechnology, and artificial intelligence.

StoreDot's clients are primarily manufacturers of electric vehicles who are looking to enhance the performance and appeal of their products. The company's technology also has potential applications in other areas that require high-density energy storage, such as renewable energy systems.

StoreDot generates revenue through the sale of its batteries to EV manufacturers. The company also stands to benefit from the growing global push towards cleaner, more sustainable forms of transportation. As more consumers and businesses adopt electric vehicles, the demand for StoreDot's innovative battery technology is likely to increase.

Keywords: Electric Vehicle, Battery Technology, Fast Charging, Range Anxiety, Nanotechnology, Organic Chemistry, Artificial Intelligence, Energy Density, Sustainable Transportation, EV Adoption.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.