Enwires develops silicon nanowires and silicon‑composite materials (Si‑C series) for lithium‑ion battery components including electrodes, anodes and cathodes, targeting EVs and energy storage systems. The company says its production process for silicon nanowires and composites significantly enhances power density and shortens recharge times. Enwires plans to use new funding to build an experimental production plant to scale its battery materials. That plant will be managed by a joint venture between Enwires and Lotte Venture, Lotte Group’s venture capital arm. Enwires aims to begin mass production in 2027. The article does not disclose revenue, users, or other financial metrics beyond the recent investment.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2023