As the world races to electrify transportation, the need for much better batteries has become increasingly urgent. If consumers are to embrace electric vehicles, they will need to see batteries that address charge anxiety by enabling EVs and other devices to charge much faster. And in a world where sustainability is imperative, these batteries must also last longer, be recyclable, and have a viable second life. has the solution for fast charging batteries and is working to address all of these knotty problems.
A spin-out from the , Nybolt’s technology is based on a decade of research on battery anode materials led by . In 2018, Grey and her team determined that niobium tungsten oxide could dramatically improve the performance and longevity of batteries. She teamed up with , who had invented cutting-edge supercapacitors and led international product development teams in the battery industry, to co-found Nyobolt.
Nyobolt’s team of experts have pioneered a new class of battery technology that achieves record-breaking ultra-fast charging. The technology combines high power density with a long cycle life and competitive energy density. This solves critical unmet needs in multiple markets, providing solutions for applications from power tools to electric vehicles, and represents a paradigm shift in battery technology, supporting the transition to a green, sustainable future.
In February 2021, Cambridge Enterprise joined in an £8 million Series A investment round for Nyobolt and continues to play an active role in the company as part of the board. Led by , the Series A round also included participation from Silicon Valley investors. The funding has enabled Nyobolt to expand globally, build pilot facilities, and expand its engineering and application capabilities. It has also assembled a world-leading implementation team that brings together decades of experience at Tesla, Lotus, Samsung, Dupont, Dyson, General Electric, A123, Innovate UK, and Arthur D. Little.
Nybolt has the potential to transform the automotive and consumer appliance industries, helping to achieve a greener and more sustainable future. Its significance to the post-carbon world cannot be overstated.