- Raised $70M Series D led by VinFast, Jan 2022
- Raised $62M Series C led by Daimler AG, Sep 2017
- Raised $42M Series B, Oct 2014
About
StoreDot specializes in the development of extreme fast charging (XFC) battery technology for electric vehicles, aimed at reducing charging times to support broader EV adoption. The company employs proprietary organic and inorganic compounds enhanced by artificial intelligence algorithms to enable rapid charging capabilities. This technology allows for an EV to be charged in times comparable to refueling a conventional combustion engine vehicle.
Under its '100inX' roadmap, StoreDot plans to progressively decrease charging times: achieving 100 miles of range in 5 minutes by 2024, in 4 minutes by 2026, and in 3 minutes by 2028. Notably, in April 2024, StoreDot demonstrated a significant advancement with Polestar by successfully conducting a 10-minute charge using silicon-dominant battery cells.
StoreDot has formed strategic partnerships and received investments from several major industry players, including BP, Daimler, VinFast, Volvo Cars, Polestar, Ola Electric, Samsung, TDK, and EVE Energy, which collaborate on various aspects of battery development and production.
Funding history · 7 rounds · $200.0M total
Q&A
- What is StoreDot's primary focus?
- StoreDot specializes in developing extreme fast charging (XFC) battery technology for electric vehicles to reduce charging times and support broader EV adoption.
- What significant technological advancement did StoreDot demonstrate in April 2024?
- In April 2024, StoreDot demonstrated a 10-minute charge using silicon-dominant battery cells in collaboration with Polestar.
- What is StoreDot's '100inX' roadmap for EV charging?
- StoreDot's '100inX' roadmap aims to achieve 100 miles of range in 5 minutes by 2024, 4 minutes by 2026, and 3 minutes by 2028.
- Which investors participated in StoreDot's Series D funding round in January 2022?
- StoreDot raised $70,000,000 in a Series D round in January 2022, with VinFast as a lead investor, and participation from Volvo Cars Tech Fund.
- How much total funding has StoreDot raised to date?
- StoreDot has raised a total of $200,000,000 in funding.
- What is the employee count for StoreDot?
- StoreDot has 51-200 employees.
- When was StoreDot founded?
- StoreDot was founded in September 2012.
- Who is the current CEO of StoreDot?
- Doron Myersdorf is the Co-founder and CEO of StoreDot.
Team · 22
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | store-dot.com |
|---|---|
| linkedin.com/company/2667427 | |
| facebook.com/StoredotLtd | |
| YouTube | youtube.com/channel/UC5ChQSDVUxSLokJjP42Wmqg |
| instagram.com/storedot_xfc |
Identifiers & details
| Founded | 2012-9 |
|---|---|
| Employees (exact) | 139 |
Radar intelligence
Patents
| EPO | 104 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
Web history (Wayback)
| Domain | store-dot.com |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
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