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StoreDot
About
StoreDot is the pioneer and leader of extreme fast charging (XFC) batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by designing and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, making it possible to charge an EV in as little as five minutes – the same time it takes to refuel a conventional combustion engine car. Through its '100inX' product roadmap, StoreDot's battery technology is designed for best driver experience, offering ‘Range On DemandTM’: 100 miles charged in 5 minutes (2024), 100 miles charged in 3 minutes by 2028, and extreme energy density solution enabling 100 miles to be charged in 2 minutes by 2032. StoreDot's strategic investors and partners include Daimler, BP, VinFast, Volvo, Polestar, Ola Electric, Samsung, TDK and the manufacturing partner EVE Energy. In 2022, the company achieved a world first by demonstrating a live extreme fast charging of an EV battery cell. StoreDot is on target for mass production readiness by 2024.
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Total Employees
125
Current headcount
Company Timeline
Funding rounds, employee growth, revenue, and exits over the same period. News mentions shown as markers.
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Score Breakdown
53Traction
60Team
70Visibility
22Profile
80Community
15Discussion (0)
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Frequently Asked Questions
What does StoreDot do?
StoreDot is the pioneer and leader of extreme fast charging (XFC) batteries that overcome the critical barriers to mainstream EV adoption – range and charging anxiety. The company has revolutionized the conventional Li-ion battery by designing and synthesizing proprietary organic and inorganic compounds, optimized by Artificial Intelligence algorithms, making it possible to charge an EV in as little as five minutes – the same time it takes to refuel a conventional combustion engine car. Through…
How much funding has StoreDot raised?
StoreDot has raised a total of $164M in funding. The most recent round on record is Series D.
When was StoreDot founded?
StoreDot was founded in 2012.
What industry does StoreDot operate in?
StoreDot operates in Battery, Automotive.
How many employees does StoreDot have?
StoreDot has approximately 125 people on record.