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Microvast

company

About

Microvast designs, develops, and manufactures charging, battery control systems for electric vehicles with superior safety.

  • 1001 - 5000

Highlights

Total Funding Amount
$250M
Funding Rounds
2
Investors
2

Details

Last Funding Type
Grant
Last Funding Money Raised
$200M
Industries
Consumer Electronics,Energy Storage,Environmental Engineering,Manufacturing
Founded date
Jan 1, 2006
Number Of Employee
1001 - 5000
Operating Status
Active

Microvast, Inc. is a technology innovator that designs, develops and manufactures lithium-ion battery solutions. Microvast is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry (cathode, anode, electrolyte, and separator) to battery packs. By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$250M
Microvast has raised a total of $250M in funding over 2 rounds. Their latest funding was raised on Oct 19, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 19, 2022 Grant $200M 1 US Department of Energy — Detail
Jul 18, 2011 Series Unknown $50M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Microvast is funded by 2 investors. US Department of Energy and IFC Venture Capital Group are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Yes Grant
IFC Venture Capital Group — Series Unknown
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