Search company, investor...
Enovix company logo

Enovix

enovix.com

Stage

PIPE | IPO

Total Raised

$240.77M

About Enovix

ENOVIX has developed a cell that eliminates significant inactive materials, enables materials to become practical for cell integration, and enables cell components such as the Anode, Cathode, Separator and current collectors to be "designed" and processed optimally in a true 3-dimensional form. This results in a sustainable improvement to key metrics such as energy density, safety, power ability, charge time, cycle life, scalability, and manageability of the overall energy storage solution.

Headquarters Location

3501 W Warren Ave

Fremont, California, 94538,

United States

510-687-1330

Missing: Enovix's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Enovix's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Research containing Enovix

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Enovix in 1 CB Insights research brief, most recently on Sep 8, 2021.

Expert Collections containing Enovix

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

Enovix is included in 1 Expert Collection, including Energy Storage.

E

Energy Storage

1,232 items

This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.

Enovix Patents

Enovix has filed 70 patents.

The 3 most popular patent topics include:

  • Energy storage
  • Rechargeable batteries
  • Lithium-ion batteries
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/20/2020

1/31/2023

Rechargeable batteries, Battery (electricity), Energy storage, Lithium-ion batteries, Battery types

Grant

Application Date

8/20/2020

Grant Date

1/31/2023

Title

Related Topics

Rechargeable batteries, Battery (electricity), Energy storage, Lithium-ion batteries, Battery types

Status

Grant

Latest Enovix News

CLASS ACTION UPDATE: Law Office of Brodsky & Smith Reminds Investors of Deadline in Class Action Against Enovix Corporation (ENVX)

Feb 6, 2023

Bala Cynwyd, Pennsylvania--(Newsfile Corp. - February 6, 2023) - Law office of Brodsky & Smith reminds investors of the deadline to file regarding claims against Enovix Corporation ("Enovix" or the "Company") (NASDAQ: ENVX) for possible breaches of Federal Securities law. Enovix designs, develops, and manufactures silicon-anode lithium-ion batteries using proprietary 3D cell architecture, which Enovix claims allows its batteries to achieve higher energy density. If you purchased or otherwise acquired shares of Enovix (or Rodgers Silicon Valley Acquisition Corp. common stock prior to July 15, 2021) between February 22, 2021 and January 3, 2023 (the "Class Period"), and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. The deadline for filing is March 7, 2023. You may contact Marc Ackerman, Esquire or Jason Brodsky, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/enovix-corporation-nasdaq-envx/ , or call toll free 877-534-2590. There is no cost or obligation to you. On November 1, 2022, Enovix announced it realized just $8,000 in revenue for the third quarter of fiscal year 2022. Enovix also revealed that it would be "dialing back" its work on improving existing manufacturing lines to focus on its future manufacturing lines. Additionally, Enovix revealed it anticipated producing fewer than one million batteries in 2023. On this news, Enovix shares declined by more than 44%. On January 3, 2023, defendant Thurman J. Rogers, Enovix's Executive Chairman, revealed that Enovix's second production facility and future manufacturing lines would be delayed by several additional months because of equipment failures. On this news, Enovix's stock price declined an additional 41%. According to the filed complaint, throughout the Class Period the Company made false and misleading statements to the market. Specifically, Enovix overstated its ability to produce batteries at commercial scale. Despite touting its "meaningful progress" in developing its manufacturing capabilities, Enovix continued to face serious production problems. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/153581 Sign up for Alerts Sign up to receive news releases by email for Brodsky & Smith or all companies belonging to the Banking/Financial Services industry. Recent News 2023-02-06 7:18 AM EST 2023-02-03 9:32 AM EST

Enovix Frequently Asked Questions (FAQ)

  • Where is Enovix's headquarters?

    Enovix's headquarters is located at 3501 W Warren Ave, Fremont.

  • What is Enovix's latest funding round?

    Enovix's latest funding round is PIPE.

  • How much did Enovix raise?

    Enovix raised a total of $240.77M.

  • Who are the investors of Enovix?

    Investors of Enovix include Rodgers Silicon Valley Acquisition, Eclipse Ventures, Paycheck Protection Program, T. J. Rodgers, York Capital Management and 10 more.

  • Who are Enovix's competitors?

    Competitors of Enovix include Nyobolt, 24M Technologies, Hebei Kuntian Energy, Group14 Technologies, Echion Technologies, Advano, Ionblox, Sila, Amprius Technologies, Nexeon and 12 more.

Compare Enovix to Competitors

Sila Logo
Sila

Sila is a materials science company that offers silicon battery material. It enables product manufacturers and battery cell manufacturers to reduce their battery footprint and focus on charging performance. The company was founded in 2011 and is based in Alameda, California.

Addionics Logo
Addionics

Addionics provides specialized rechargeable batteries by redesigning their architecture. With a patent-pending 3D metal fabrication method, the company aims to enhance the performance, mileage, safety, cost, and charging time of batteries.

Advano Logo
Advano

Advano is a battery materials company focused on scalable, sustainable, and domestically sourced silicon-anode solutions for Lithium-ion batteries. The company has developed a process for producing silicon anode material using metallurgical silicon and upcycled silicon from silicon waste. The company was founded in 2014 and is based in New Orleans, Louisiana.

Nyobolt Logo
Nyobolt

Nyobolt provides battery charging services. It uses a proprietary process for niobium-based anode materials to create batteries that deliver record-high power, ultrafast charge, and energy. Nyobolt was founded in 2020 and is based in Cambridge, England.

T
Tyfast Energy

Tyfast is a manufacturer of batteries and semiconductors. The company is focused on the development of fast-charging lithium batteries and graphite anode batteries for automobiles and watches mainly. It was founded in 2020 and is based in San Diego, California.

E
Enevate

Enevate develops and licenses advanced silicon-dominant Li-ion battery technology that contributes to the electric vehicle (EV) market by breaking down barriers to EV adoption. Enevate's work on silicon-dominant anodes and cells has resulted in its HD-Energy Technology featuring extreme-fast charging with high energy density, low-temperature operation for cold climates, low cost, and safety advantages over conventional graphite Li-ion batteries.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.