Nyobolt

Nyobolt, founded in 2020 in Cambridge, UK, develops advanced niobium-based batteries enabling ultra-fast charging for electric vehicles, industrial robotics, and heavy-duty applications. Led by Professor Clare Grey and CEO Dr. Sai Shivareddy, Nyobolt offers high-performance, thermally managed battery solutions.

Company Location

Country:

United Kingdom

City:

Cambridge

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Company Overview

Nyobolt was conceptually established in 2019 and officially founded in 2020, headquartered in Cambridge, United Kingdom. Co-founded by Professor Clare Grey and Dr. Sai Shivareddy (CEO), the company develops advanced ultra-fast charging battery solutions for electric vehicles, industrial robotics, and heavy-duty applications, supported by a team of over 100 experts in materials science, cell development, and battery pack engineering.

Battery Technology

Nyobolt’s proprietary niobium-based anode materials deliver exceptional charging speeds and power density, achieving 10% to 80% charge in under five minutes on a 350 kW DC fast charger and retaining over 80% capacity after more than 4,000 rapid charge cycles (approx. 600,000 miles). The technology includes advanced cooling with water-glycol cold plates for thermal management.

Products

Two main product lines: NYOBOLT ULTRA (6–10 minute charge) and NYOBOLT XTREME (1–5 minute charge). Both feature advanced cold-plate cooling systems using water-glycol mixtures to manage heat during fast charging, enabling sustained high performance without significant degradation.

Recent Projects

In early 2024, Nyobolt achieved $9 million in revenue, a 135-fold increase from 2023, and projects over 300% growth in 2025 driven by AI infrastructure and heavy-duty demand. The company secured contracts exceeding $120 million, plans to scale production to 1,000 battery packs by 2025, and can manufacture up to 2 million cells annually.

Investors

Nyobolt has raised $69.2M in total funding. In 2022, H.C. Starck Tungsten Powders (Masan High-Tech Materials) led a £50M Series B round. IQ Capital led both the Series A and B rounds. Other investors include Parkwalk Advisors and Cambridge Enterprise, with support from the Faraday Battery Challenge.

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