LiNova Energy, based in Monrovia, CA, has developed a high-energy polymer battery technology intended to replace traditional cathodes that contain cobalt, nickel, and other critical materials. Its ultra-high-energy batteries are targeted at the EV, aerospace, and energy storage markets. The company is led by CEO Michael Nagus and plans to use recent funding to expand research and development, scale operations, and accelerate commercialization. LiNova intends to bring its polymer cathode batteries to market as a more sustainable alternative to current battery chemistries. The article does not disclose operating metrics such as revenue or user numbers.

Total raised

$16M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2024