🏆 Deal of the Week · CW 16/2025
Nyobolt raised USD 30 million in a venture funding round; the valuation was not disclosed. The round drew participation from Takasago Industry, Scania Invest, LocalGlobe, and IQ Capital. This transaction was recognised as Venionaire DealMatrix Deal of the Week for KW 16/2025.
Nyobolt — key deal facts
| Company | Nyobolt |
| Founded | 2020 |
| Headquarters | Cambridge, United Kingdom |
| Amount raised | USD 30M |
| Valuation | Valuation Remains Undisclosed |
| Round | Venture – Series Unknown |
| Investors | Takasago Industry, Scania Invest, LocalGlobe, IQ Capital |
| Sectors | Renewable Energy |
Who invested in Nyobolt?
The round was backed by Takasago Industry, Scania Invest, LocalGlobe, and IQ Capital. The investor mix is notable for its breadth: Scania Invest brings strategic alignment from the heavy-vehicle electrification sector, Takasago Industry adds Japanese industrial manufacturing expertise, and LocalGlobe together with IQ Capital represent established UK deep-tech venture capital. This combination of strategic industrial investors and specialist technology funds signals confidence in both Nyobolt's commercial traction and its underlying IP.
What does Nyobolt do?
Nyobolt is a Cambridge-based developer of end-to-end ultra-fast charging battery systems, formally founded in 2020 and spun out of the University of Cambridge. The company was co-founded by Professor Dame Clare Grey, who serves as Chief Scientist, and Dr. Sai Shivareddy, CEO. Its core products are high-power battery cells capable of charging from 0 to 80 percent in under five minutes while sustaining more than 10,000 charge cycles without meaningful capacity degradation. Nyobolt targets electric vehicles, industrial robotics, and AI data centre applications where charge speed and cycle longevity are critical constraints.
Nyobolt valuation & multiples
No existing multiples figures were provided for this transaction, and the valuation remains undisclosed, making EV/Sales and EV/EBITDA calculations unavailable at this time. As comparable data becomes available, benchmarking against the Renewable Energy sector will offer context on how the market prices ultra-fast charging battery businesses at this stage. Readers can explore current sector valuation ranges on the Venionaire DealMatrix Renewable Energy multiples pages.
Frequently asked questions
How much did Nyobolt raise in its Venture – Series Unknown?
Nyobolt raised USD 30 million in a venture funding round with no closing month publicly confirmed.
What is Nyobolt's valuation?
Nyobolt's valuation was not disclosed in connection with this funding round.
Who invested in Nyobolt?
The round was backed by Takasago Industry, Scania Invest, LocalGlobe, and IQ Capital.
When was Nyobolt founded and where is it based?
Nyobolt was founded in 2020 and is headquartered in Cambridge, United Kingdom.
Source: original announcement — read the full report.