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Founded Year

2000

Stage

Convertible Note - X | Alive

Total Raised

$93.83M

Last Raised

$500K | 3 yrs ago

About Cymbet

Cymbet develops solid-state energy storage solutions for microelectronic systems. The company markets eco-friendly rechargeable solid state batteries that provide electronic systems designers with new embedded power capabilities. The company's EnerChip devices enable new concepts in energy storage application for ICs and new products for medical, sensor, RFID, industrial control, communications and portable electronic devices.

Headquarters Location

441 Old Highway 8 NW Suite 209

New Brighton, Minnesota, 55112,

United States

763-633-1780

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Expert Collections containing Cymbet

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cymbet is included in 2 Expert Collections, including Energy Storage.

E

Energy Storage

1,238 items

Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.

S

Semiconductors, Chips, and Advanced Electronics

6,472 items

Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more

Cymbet Patents

Cymbet has filed 21 patents.

The 3 most popular patent topics include:

  • Battery (electricity)
  • Energy conversion
  • Energy storage
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/27/2017

2/16/2021

Microcontrollers, Computer memory, Oscillators, Integrated circuits, Embedded systems

Grant

Application Date

3/27/2017

Grant Date

2/16/2021

Title

Related Topics

Microcontrollers, Computer memory, Oscillators, Integrated circuits, Embedded systems

Status

Grant

Latest Cymbet News

Solid State Battery Market to Witness Comprehensive Growth by 2030

Sep 20, 2023

News Provided By Share This Article Solid State Battery Market Expected to Reach $3.4 Billion by 2030 PORTLAND, OREGON, UNITED STATES, September 20, 2023/ EINPresswire.com / -- Solid state battery is a technology, which utilizes both solid electrodes and solid electrolytes. It is an ideal substitute for conventional lithium-ion battery. Solid state batteries are smaller, have higher capacity, and cheaper compared to current liquid-based lithium-ion batteries. Industry giants focus on developing a battery, which contains solid electrolytes and is non-inflammable. Current lithium-ion batteries are flammable and produce lot of heat. As a result, manufacturers focus on developing and using improved solid-state batteries. The solid state battery market size was valued at $0.5 billion in 2020, and is estimated to reach $3.4 billion by 2030, growing at a CAGR of 18% from 2021 to 2030. Get a PDF brochure for Industrial Insights and Business Intelligence @ https://www.alliedmarketresearch.com/request-sample/498 The increase in application of solid state batteries in the healthcare, wearable, and drones’ sectors drive the growth of the global solid state rechargeable batteries. Moreover, the rise in need for solid state batteries in electric vehicle boosts the market growth. However, complex manufacturing process and high cost of solid state battery restrain the market growth. Conversely, increase in investment in the market by industry giants, including Samsung and Hyundai are anticipated to offer future solid state battery market growth opportunities for the market. Depending on the type, the portable battery segment garnered the highest market share of about 68.1% in 2020, and is expected to maintain its dominance during the solid state battery market forecast period. This is attributed to rise in adoption of solid state batteries in portable devices. In addition, continuous increase in usage of portable devices has fueled the demand for portable solid state batteries. Moreover, with growth in demand for tablet, laptop, smartphone, and e-reader or a MP3 player, it is expected that demand for portable solid state battery will increase. On the basis of capacity, the 20 mAh to 500 mAh segment acquired the largest market share of about 72.8% in 2020, in terms of revenue, and is expected to maintain its dominance during the forecast period. This is attributed to rise in demand for solid state rechargeable batteries from applications, including energy storage, wearables, and electric vehicle. In addition, rapid growth of consumer electronics sectors is anticipated to fuel the growth of this segment in the future. On the basis of application, consumer & portable electronics segment held the largest share in 2020, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to rapid urbanization and consumer expenditure toward consumer electronics applications, including laptop, smartphones, and computers across developing countries. In addition, rise in concern toward safety issues associated with liquid-based electrolytes in batteries is expected to increase demand for solid state batteries from consumer electronics applications, which, in turn, drive the market growth during the forecast period. Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/498 Region wise, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Europe garnered highest CAGR of 18.5% from 2021-2030 and is expected to maintain its dominance in the solid state battery market trend during the forecast period. This is attributed to the rise in presence of huge electric vehicle consumer base, development of the renewable energy sector, and growth in use of battery energy storage systems. Moreover, presence of the countries, including Germany, the UK, France, and Spain is anticipated to contribute toward the growth of the solid state battery market in Europe. The global solid state battery market analysis covers in-depth information of the major solid state battery industry participants. The key players operating and profiled in the report include Cymbet Corporation Front Edge, Infinite Power Solution, Inc., Seeo Inc. (Robert Bosch GmbH Subsidiary) Saft, Excellatron Solid state, Brightvolt, Inc., LG Energy Solution Ltd. Solid Power, Inc., Pathion Inc., and Samsung SDI Co., Ltd. The other players operating in the solid state battery market are STMicroelectronics N.V., Toyota Motor Corporation, Sakti3 Inc. (Dyson Ltd. Subsidiary), Planar Energy Devices, Inc., QuantumScape, and Altairnano. COVID-19 Impact on the Market Lockdown imposed, due to outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries in battery sector, which decreased the demand for solid state batteries from consumers, including portable electronics and electric vehicles. In addition, halt in renewable power plants, automotive manufacturing, and consumer electronics manufacturing, owing to unavailability of workers and increase in demand–supply gap hamper the solid state battery market growth during the pandemic period. This declined the market growth in the second, third, and fourth quarters of 2020. However, the solid state battery market recovered by the second quarter of 2021, as COVID-19 vaccination begun in various economies across the globe, which improved the global economy. Procure Complete Report @ https://www.alliedmarketresearch.com/checkout-final/92c0213e115c9c02dac59757bf85e3e2 KEY FINDINGS OF THE STUDY - In 2020, the consumer & portable electronics segment accounted for about 42.5% of the share in the global solid state battery market, and is expected to maintain its dominance till the end of the forecast period. - In 2020, the thin film segment is accounted for 31.9% market share, and is anticipated to grow at a rate of 18.2% in terms of revenue. - In 2020, the 20 mAh to 500 mAh segment accounted for 72.8% market share, and is anticipated to grow at a rate of 17.9% in terms of revenue. - More than 500 mAh is the rapidly growing segment in the global solid state battery market, and is expected to grow at a CAGR of 18.4% during 2021–2030. - Europe is expected to grow at the fastest rate, registering a CAGR of 18.5%, throughout the forecast period. - In 2020, Asia-Pacific dominated the global solid state battery market with more than 38.4% of the share, in terms of revenue. Latest Trending Reports by Allied Market Research – - Solid State (Smart) Transformer Market by Product Type (Distribution Solid-State Transformer, Power Solid-State Transformer, and Traction Solid-State Transformer) and Application (Renewable Power Generation, Electric Vehicle Charging Stations, Power Distribution, Traction Locomotives, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2028 - Solid Electrolyte Market by Type (Ceramic and Solid Polymer) and Application (Thin-Film Battery and Electric Vehicle Battery): Global Opportunity Analysis and Industry Forecast, 2021-2030 About Us Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. David Correa

Cymbet Frequently Asked Questions (FAQ)

  • When was Cymbet founded?

    Cymbet was founded in 2000.

  • Where is Cymbet's headquarters?

    Cymbet's headquarters is located at 441 Old Highway 8 NW, New Brighton.

  • What is Cymbet's latest funding round?

    Cymbet's latest funding round is Convertible Note - X.

  • How much did Cymbet raise?

    Cymbet raised a total of $93.83M.

  • Who are the investors of Cymbet?

    Investors of Cymbet include Island Shore Investments, Perseus, Cedar Point Capital, IGNITE Group, Strategic Venture Partners and 10 more.

  • Who are Cymbet's competitors?

    Competitors of Cymbet include Nanoramic Laboratories, BrightVolt, Lucid Motors, Trojan Battery Company, Kokam and 11 more.

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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
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Compare Cymbet to Competitors

E
Excellatron

Excellatron Solid State, LLC is a Atlanta, GA based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Excellatron Solid State, LLC's business and areas of expertise. This project will develop a solid state electrolyte prepared by a sol gel technique that will dramatically improve lithium battery capabilities, making the lithium batteries adequate for high energy applications such as electric vehicles.

L
Lithium Technology

Lithium Technology Corporation is a Plymouth Meeting, PA based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Lithium Technology Corporation's business and areas of expertise. This project will increase energy density of lithium ion batteries for PHEVs [Plug-In Hybrid Electric Vehicles] by using novel anodes based on transition metal phosphide active materials.

A
Akkuser

Akkuser's technology aims to enable the recycling of hazardous batteries and accumulators.

G
Graphene Energy

Graphene Energy, founded in December 2008, hopes to make ultracapacitors out of graphene, sheets of pure, crystalline carbon. It is the brain child of Rod Ruoff, a professor at the University of Texas, and Xin Zhao. Some believe that ultracapacitors, which store energy and can potentially charge far faster than batteries, could charge electric car batteries while the cars tool down the road or replace batteries entirely.

Nanoramic Laboratories Logo
Nanoramic Laboratories

Nanoramic Laboratories is an energy storage and advanced materials company. It develops an electrode technology, Neocarbonix at the Core, to transform energy storage for electric vehicles. The company was founded in 2009 and is based in Wakefield, Massachusetts.

I
International Battery

International Battery is a U.S. manufacturer, designer, and developer of large-format lithium-ion rechargeable cells and batteries.

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