Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues--6.2m7.6m20.6m53.5m259m
% growth---23 %170 %160 %383 %
EBITDA(25.3m)(68.0m)(189m)(175m)(107m)(95.8m)<1m
% EBITDA margin--(3053 %)(2290 %)(520 %)(179 %)-
Profit(39.6m)(126m)(51.6m)(214m)(253m)(205m)(122m)
% profit margin--(832 %)(2801 %)(1226 %)(383 %)(47 %)
EV / revenue--263.1x257.6x80.6x33.5x7.7x
EV / EBITDA--52.6x-8.6x-11.3x-15.5x-18.7x2282.2x
R&D budget14.4m37.9m58.1m88.4m---
R&D % of revenue--936 %1156 %---
  • Edit
DateInvestorsAmountRound
-

N/A

-

$2.3m

Series A

$12.0m

Series B

$15.0m

Series C
N/A

$1.2m

Seed

$100m

Growth Equity VC
N/A

$6.0m

Early VC
N/A

$17.0m

Late VC
*

$45.0m

Late VC

$230m

SPAC IPO
N/A

$405m

SPAC Private Placement
*
N/A

$150m

Post IPO Convertible
*

$1.2m

Post IPO Equity
Total Funding$603m

Recent News about ENOVIX

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More about ENOVIXinfo icon
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Enovix is a pioneering startup that operates in the technology sector, specifically focusing on the development and production of advanced silicon-based batteries. The company's primary product, the Enovix 100% active silicon battery, is designed to revolutionize the way we work and play on the go. This innovative battery technology offers industry-changing fast charge, superior thermal dissipation, and enhanced safety features, making it a game-changer in the mobile device market.

Enovix serves a broad range of clients, including engineers and technology professionals who rely heavily on mobile devices. The company empowers these professionals by unlocking the full potential of their devices through its advanced battery technology. This not only enhances the performance of the devices but also extends their lifespan, leading to cost savings and improved user experience.

The company operates in the highly competitive and rapidly growing market of mobile device batteries. Its business model revolves around the design, production, and sale of its proprietary silicon batteries. Enovix generates revenue through the direct sale of these batteries to device manufacturers and technology companies.

In summary, Enovix is a forward-thinking technology startup that is set to disrupt the mobile device market with its innovative silicon battery technology. The company's focus on fast charging, thermal dissipation, and safety, combined with its commitment to empowering technology professionals, positions it well for future growth in the booming mobile device market.

Keywords: Silicon Batteries, Fast Charging, Thermal Dissipation, Safety, Mobile Devices, Technology Professionals, Battery Technology, Device Performance, Market Disruption, Technology Startup.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by ENOVIX

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Routejade
ACQUISITION by ENOVIX Sep 2023