Nyobolt
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Founders
About
Nyobolt is a Cambridge, England-based battery technology company founded in 2019 by Dr. Sai Shivareddy and Professor Dame Clare Grey as a spinout from the Yusuf Hamied Department of Chemistry at the University of Cambridge 3. The company develops ultra-fast charging, high-power lithium-ion battery systems using specialized anode materials, advanced cell design, and integrated power electronics, targeting autonomous robots, humanoid systems, and AI data center infrastructure 12. On May 6, 2026, Nyobolt announced a $60M Series C round at a valuation exceeding $1 billion, bringing total funding to approximately $160M 12.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-06 | Series C | $60M | Symbotic | IQ Capital, Latitude, Scania Invest, CBMM 12 |
What Investors Say
“We’re proud to partner with Nyobolt and invest in the next phase of their growth. Nyobolt’s proven technology is a key enabler of enhanced uptime and efficiency for our customers.” — Bill Boyd, Chief Strategy Officer, Symbotic 1
What Founders Say
“Nyobolt is enabling the always-on, always-moving infrastructure that physical AI demands. The enterprises deploying autonomous systems at scale can’t afford downtime, swap time, or power flickers.” — Sai Shivareddy, Co-Founder and CEO 1
Sources
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Yahoo Finance (Business Wire syndication), “Nyobolt Closes Series C Round at $1B Valuation, to Power the Rise of Autonomous Machines, Physical AI Applications and AI Data Centers,” May 6, 2026. https://finance.yahoo.com/sectors/technology/articles/nyobolt-closes-series-c-round-110000507.html↩↩↩↩↩
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The AI Insider, “Nyobolt Closes $60 M Series C Funding Round at $1B Valuation, to Power Autonomous Machines, Physical AI Applications and AI Data Centers,” May 6, 2026. https://theaiinsider.tech/2026/05/06/nyobolt-closes-60-m-series-c-funding-round-at-1b-valuation-to-power-autonomous-machines-physical-ai-applications-and-ai-data-centers/↩↩↩
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Nyobolt, “About Us,” accessed May 2026. https://nyobolt.com/about-us/↩