Nyobolt funding news – UK-based Nyobolt Secures $30 Million in Funding

Data center outages can cost $9,000 per minute, and new AI centers powered by GPUs are causing problems for nearby communities, risking billions in damage.

Nyobolt is stepping in with energy storage and fast-charging tech that’s setting a new standard. Its batteries deliver 20x more power, charge in minutes, and reduce downtime to zero — all while using fewer natural resources than regular lithium batteries.

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The key is Nyobolt’s special anode material, developed through advanced chemistry research. It allows for high power and fast charging without wearing out, solving key problems that older battery technologies face.

According to Sai Shivareddy, co-founder and CEO of Nyobolt, the world is experiencing an unprecedented demand for power, not only to decarbonise heavy industries but to provide enough resources to handle the surge in AI infrastructure. “The energy status quo can’t and shouldn’t sustain these demands. Our vertically integrated technology is already positively impacting customers, enabling them to experience stable, fast charge solutions when they need them the most. I’m delighted to have the confidence of our customers and investors as we further strengthen our mission to push the boundaries of ultra-high-power solutions.”

The funding was led by IQ Capital and Latitude (the sister fund of LocalGlobe), with support from strategic partners like Scania Invest and Takasago Industry.

Max Bautin, Co-Founder and Managing Partner at IQ Capital, said: “Nyobolt has achieved what so few companies can do: translating deep tech research from the lab into a global, impactful business. In just a few short years, they have become the go-to provider of high-power density solutions for AI warehouse operations and heavy-duty vehicles.”

Ash Arora, Partner at Latitude, said: "Charging an EV to 80 per cent in under five minutes is headline-worthy. But Nyobolt isn’t chasing headlines — they’re building the backbone of the AI-powered future. Born out of Cambridge brilliance and scaled with world-class execution, this team is redefining what’s possible in energy globally. As power grids strain under AI’s explosive demand, Nyobolt is the only company turning deeptech into deep impact — fast."

The funding will help Nyobolt improve its technology, expand into new markets, grow its team, and strengthen its position as a leader in ultra-fast charging systems.

About Nyobolt

Nyobolt’s expert team has taken a full-system approach to develop high-power batteries that charge much faster and deliver more energy in a smaller size. They’ve achieved this by using new materials, smart cell designs, advanced software, and efficient power electronics.