Tech Company Financing Transactions
ENOVIX Funding Round
ENOVIX, based in Fremont, raised $45 million from private investors and York Capital Management.
Transaction Overview
Company Name
Announced On
4/2/2020
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors
private investors (T. J. Rodgers)
Proceeds Purpose
Enovix will use the bulk of the funds to complete its Fremont, California high-volume battery production facility, where about 75% of the equipment and processes are identical to standard pouch lithium-ion battery manufacturing.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
3501 West Warren Ave.
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Overview
ENOVIX produces its 3D wave array energy storage architecture for Lithium based cells, to improve manageability of the stored energy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Harrold Rust
Chief Technical Officer
Ashok Lahiri
VP - Manufacturing
Chuck Stone
VP - Operations
Cameron Dales
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