Fundraising Fox

Cymbet

Elk River, US · Minnesota corporation · 2 known investors

Founders & leadership

MT
Morgan ThomaExecutive
MS
Monte S. JohnsonExecutive
JS
Jeff SatherExecutive
BW
Blair WilsonExecutive
SG
Steven GradyExecutive

Board

KM
Kenneth M SochaBoard director
TC
Tony CannestraBoard director
RN
Richard NigonBoard director
WP
William PriesmeyerBoard director
JJ
Jacob JacobssonBoard director
MB
Michael BartlettBoard director
CS
Carlo StrippoliBoard director

Investors · 2

Intel CapitalreportedSanta Clara · $1M – $20M
Perseusreported

Reported raises · per SEC filings

Form D private placements

$16.3M disclosed across 11 rounds · 2012–2020

▶$500KraisedDec 2021 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Carlo StrippoliDirector
  • JEFF SATHERExecutive Officer
  • Jacob JacobssonDirector
  • Mike BarlettDirector
  • Dan AutonDirector
  • MONTE JOHNSONExecutive Officer, Director
Offering amount
$900K
Amount sold
$500K
First sale
Jul 2020
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$100KraisedMar 2020 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeff SatherExecutive Officer
  • Monte S. JohnsonExecutive Officer, Director
  • Dan AutonDirector
  • Carlo StrippoliDirector
  • Michael BartlettDirector
  • Jacob JacobssonDirector
Offering amount
$300K
Amount sold
$100K
First sale
Mar 2020
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MraisedFeb 2019 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BartlettDirector
  • Carlo StrippoliDirector
  • Dan AutonDirector
  • Jacob JacobssonDirector
  • Monte S. JohnsonExecutive Officer, Director
  • Jeff SatherExecutive Officer
Offering amount
$1.7M
Amount sold
$1.5M
First sale
Sep 2018
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$600KraisedSep 2017 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dan AutonDirector
  • Jeff SatherExecutive Officer
  • Michael BartlettDirector
  • Carlo StrippoliDirector
  • Jacob JacobssonDirector
  • Monte S. JohnsonExecutive Officer, Director
Offering amount
$600K
Amount sold
$600K
First sale
Sep 2017
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$500KraisedJul 2017 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Monte S. JohnsonExecutive Officer, Director
  • Carlo StrippoliDirector
  • Jeff SatherExecutive Officer
  • Jacob JacobssonDirector
  • Michael BartlettDirector
  • Dan AutonDirector
Offering amount
$500K
Amount sold
$500K
First sale
May 2017
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$400KraisedMar 2017 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Carlo StrippoliDirector
  • Monte S. JohnsonExecutive Officer, Director
  • Dan AutonDirector
  • Michael BartlettDirector
  • Jeff SatherExecutive Officer
  • Jacob JacobssonDirector
Offering amount
$400K
Amount sold
$400K
First sale
Mar 2017
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9.1MraisedDec 2015 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Monte S. JohnsonExecutive Officer, Director
  • Jeff SatherExecutive Officer
  • Carlo StrippoliDirector
  • Jacob JacobssonDirector
  • Michael BartlettDirector
  • Morgan ThomaExecutive Officer
Offering amount
$14.1M
Amount sold
$9.1M
First sale
Dec 2015
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$97.5KraisedSep 2015 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Monte S. JohnsonExecutive Officer
  • Michael BartlettDirector
  • Carlo StrippoliDirector
  • Jeff SatherExecutive Officer
  • Morgan ThomaExecutive Officer
  • Jacob JacobssonDirector
  • William PriesmeyerDirector
Offering amount
$585K
Amount sold
$97.5K
First sale
Aug 2015
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

High-tech battery maker Cymbet raises $10M under new CEO Monte Johnson - Minneapolis / St. Paul Business Journalbizjournals.com · Jan 2016Microbattery firm recharges with $20 million - EE Timeseetimes.com · Apr 2013Cymbet Secures $31M in Private Financing - FinSMEsfinsmes.com · Jan 2010Cymbet Secures $10 Million Investment - Newseepower.comCymbet Secures $20 Million to Drive International Expansion and New Smart Battery Solutions - Newseepower.comCymbet 3/31/2012 Capital Raise - Gaebler.com Venture Capital Databasegaebler.com

Frequently asked questions

Who are Cymbet's investors?
Cymbet's investors include Intel Capital, Perseus.
How much funding has Cymbet raised?
Cymbet has disclosed $16.3M raised across 11 rounds.
Where is Cymbet headquartered?
Cymbet is headquartered in Elk River, US.