Team size: 201 - 500
Sector: Other enterprise (non-climate)
Founders: Ashok Lahiri, Harrold Rust
Founded date: 2006
Company revenue: US$ 100 - 500 million
Investors: Intel Capital, Qualcomm Ventures, Sofinnova Investments, Trinity Ventures, York Capital Management
Company stage: IPO
Enovix develops 3D wave array energy storage architecture for Lithium-based cells, to improve the manageability of the stored energy. The company's systems combine innovative 3D cell architecture with an innovative business model to build a better battery business and meet the increasing energy needs of mobile devices, enabling companies to increase energy density and eliminates thermal runaway of their battery-operated products. It was founded in 2006 and headquartered in Fremont, California.