Enevate licenses intellectual property and transfers technology to electric vehicle automotive companies and battery makers worldwide.
The new funding is aimed at accelerating global mass adoption of Enevate’s unique battery technology in electric vehicles. Enevate said existing investors, Mission Ventures and Infinite Potential Technologies, also participated in the round.
With this latest funding round, Enevate has raised $191 million to date, according to the company.
Enevate Gets $81M Led by Fidelity
Want more from the best local business newspaper in the country?
Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!
Would you like to subscribe to Orange County Business Journal?
One-Year for Only $99
- Weekly in-depth coverage in print and digital formats
- Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts
- The annual Book of Lists: Orange County's top companies across every industry
