Fundraising Fox
Enovix
NASDAQ: ENVXFremont, US · Founded 2007 · Delaware corporation · 526 employees on LinkedIn · 3 known investors
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Enovix develops and manufactures silicon-anode lithium-ion batteries with an architecture designed for higher energy density and capacity while maintaining safety. Its batteries target applications including IoT, mobile and computing devices, and vehicles.
Founders & leadership
Enovix was founded in 2007 by Harrold Rust and Ashok Lahiri.
AL
Ashok LahiriCo-founder
CS
Chris SpindtVP R&D2011–2018Chris Spindt has held executive roles focused on developing products involving micro-fabrication, electro-optical devices, MEMS, displays, photovoltaics, batteries, and technology integration across multiple disciplines.
RT
Raj TalluriPresident and CEO2023–2026He has held executive roles in the wireless and IoT sectors, with expertise in mobile communications, go-to-market strategy, strategic partnerships, consumer electronics, and semiconductors.
Board
TJ
Thurman John RodgersBoard director
PM
DM
Dhiraj MalkaniBoard director
BW
Brian WilcoveBoard director
SG
Sam GehaBoard director
HR
Henri RichardBoard director
Investors · 3
Funding
SEC filings, press & company announcements$95M disclosed across 5 of 6 rounds · 2011–2025
- Undisclosed amountConvertible Notes OfferingSep 2025Source ↗
▶$34.9MraisedApr 2020 · 14 investors · Other TechnologyRule 506(b)
▶$34.9MraisedApr 2020 · 14 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Michael J. PetrickDirector
- Thurman John RodgersDirector
- Sam GehaDirector
- Murali RamasubramanianExecutive Officer
- Ashok LahiriExecutive Officer
- Jeremy BlankDirector
- Cameron DalesExecutive Officer
- Harrold RustExecutive Officer, Director
- Offering amount
- $70.7M
- Amount sold
- $34.9M
- First sale
- Mar 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$22.2MraisedDec 2018 · 13 investors · Other TechnologyRule 506(b)
▶$22.2MraisedDec 2018 · 13 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Peter MoranDirector
- Harrold RustExecutive Officer, Director
- Jeremy BlankDirector
- Chuck StoneExecutive Officer
- Sam GehaDirector
- Michael J. PetrickDirector
- Cameron DalesExecutive Officer
- Ashok LahiriExecutive Officer
- Thurman John RodgersDirector
- Offering amount
- $23.1M
- Amount sold
- $22.2M
- First sale
- Jul 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$18MraisedApr 2017 · 1 investors · Other TechnologyRule 506(b)
▶$18MraisedApr 2017 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Thurman John RodgersDirector
- Peter MoranDirector
- Harrold RustExecutive Officer, Director
- Sam GehaDirector
- Ashok LahiriExecutive Officer
- Chris SpindtExecutive Officer
- Offering amount
- $20M
- Amount sold
- $18M
- Sales commissions
- $360.2K
- Placement agents
- Wells Fargo Securities, LLC
- First sale
- Mar 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4.9MraisedApr 2017 · 20 investors · Other TechnologyRule 506(b)
▶$4.9MraisedApr 2017 · 20 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Sam GehaDirector
- Peter MoranDirector
- Ashok LahiriExecutive Officer
- Harrold RustExecutive Officer, Director
- Thurman John RodgersDirector
- Chris SpindtExecutive Officer
- Offering amount
- $8.2M
- Amount sold
- $4.9M
- First sale
- Mar 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$15MraisedMar 2012 · 8 investors · Other TechnologyRule 506(b)
▶$15MraisedMar 2012 · 8 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Dhiraj MalkaniDirector
- Peter MoranDirector
- Ashok LahiriDirector
- Henri RichardDirector
- Harrold RustExecutive Officer, Director
- Brian WilcoveDirector
- Offering amount
- $15M
- Amount sold
- $15M
- First sale
- Jan 2011
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Enovix do?
- Enovix develops and manufactures silicon-anode lithium-ion batteries with an architecture designed for higher energy density and capacity while maintaining safety. Its batteries target applications including IoT, mobile and computing devices, and vehicles.
- Who founded Enovix?
- Enovix was founded by Harrold Rust, Ashok Lahiri in 2007.
- Who are Enovix's investors?
- Enovix's investors include DCM Ventures, Qualcomm Ventures, Realization Capital Partners.
- How much funding has Enovix raised?
- Enovix has disclosed $95M raised across 5 of its 6 known rounds.
- Where is Enovix headquartered?
- Enovix is headquartered in Fremont, US.