Funded Tech Companies
International Battery Company
International Battery Company is an energy company, based in Bangalore, Karnataka. Financial backing was provided by BEENEXT, RTP Global Partners and Veda VC.
Company Overview
Company Name
International Battery Company
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
Unit 111 Brigade Irv Center Nallurahalli Whitefield
Bangalore, Karnataka, 560066
India
Bangalore, Karnataka, 560066
India
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
International Battery Company (IBC) is building proprietary I-NMC Prismatic cells in India at the planned non-captive Gigafactory. IBC cells will reduce battery complexity due to the large form factor, have 40% higher energy density than LFP cells, and are recyclable. These cells will be especially suited for mobility applications (EVs). The supply chain will be localized and secured to enable energy independence. While the R&D is being done in the US, a pilot plan is being built in South Korea, and High-Volume-Manufacturing is planned to be done in India at the non-captive Gigafactory.
Last Transaction
1/18/2024
Financing History
Date
Type
Amount
Management Team
Company Investors
- BEENEXT
- RTP Global Partners (Nishit Garg)
- Veda VC
Browse more funded tech companies:
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