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Ionblox Raises $24 Million Series B Investment To Support The Commercialization Of Unique High Energy Plus High Power Battery Cells

PRIVATEOct 26, 2022

Amount Raised

$24 Million

Round Type

Series B

FremontManufacturingEnergyRenewable EnergyAutomotiveElectric Vehicle

Description

Ionblox (previously known as Zenlabs Energy), a high-performance lithium-ion cell company, announced that it has closed a $24 million Series B investment round with Lilium, developer of the first all-electric vertical take-off and landing (“eVTOL”) jet; Applied Ventures, LLC; Catalus Capital, a multi-strategy private equity firm; and a global investment company.

Quick answer

Ionblox raised $24 Million in a Series B round, dated October 26, 2022. Ionblox is based in Fremont, California, United States.

How much did Ionblox raise?
Ionblox raised $24 Million in a Series B round on October 26, 2022.
What does Ionblox do?
Founded in 2017, Ionblox (previously known as Zenlabs Energy) is a next-generation energy company transforming the future of mobility by land and air.
Where is Ionblox based and how big is it?
Ionblox is based in Fremont, California, United States.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Ionblox that raised within 45 days of this round, from Fundz verified event records.

  • The Mobility House raised $50M (Series C) on November 4, 2022.
  • Amprius Technologies raised $1M (Seed) on September 27, 2022.
  • Green Shift Commodities Ltd raised an undisclosed amount (Post-IPO Equity) on December 7, 2022.
  • Einride raised $500M (Funding Round) on December 7, 2022.
  • Mullen Automotive raised an undisclosed amount (Funding Round) on November 17, 2022.
  • Cambridge GaN Devices raised $19M (Funding Round) on November 15, 2022.

Who to call at Ionblox, and when

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Company Information

Company

Ionblox

Location

Fremont, California, United States

About

Founded in 2017, Ionblox (previously known as Zenlabs Energy) is a next-generation energy company transforming the future of mobility by land and air. Ionblox’s proprietary pre-lithiated silicon oxide anode distinguishes itself by simultaneously delivering multiple performance attributes – fast charging, high energy, high power, and long life at low cost – pushing the limits of traditional battery storage technology and unlocking the viability of widespread electric transportation for generations to come.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ionblox raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.