Fundraising Fox

Enovix

NASDAQ: ENVX

Fremont, US · Founded 2007 · Delaware corporation · 526 employees on LinkedIn · 2 known investors

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.

HR
Harrold RustinCo-founder · CEO2007–2023
AL
Ashok LahiriCo-founder
CSChris Spindt
Chris SpindtinVP R&D2011–2018

Board

TJ
Thurman John RodgersBoard director
PM
Peter MoranBoard director
DM
Dhiraj MalkaniBoard director
BW
Brian WilcoveBoard director
SG
Sam GehaBoard director
HR
Henri RichardBoard director

Investors · 2

Funding

SEC filings, press & company announcements

$95M disclosed across 5 of 6 rounds · 2011–2025

  • Undisclosed amountConvertible Notes OfferingSep 2025
    Source ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

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

Competitors · 6

by search overlap
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StockTwits40 shared keywordsStocktwits operates an online community platform where investors and traders share ideas, analysis, and trade discussions organized around stock tickers. The page presented is its community guidelines rather than a product description.
Robinhood36 shared keywordsRobinhood is a financial trading platform that enables users to manage portfolios across stocks, ETFs, cryptocurrencies, options, futures, and prediction markets. The platform serves retail investors with low barriers to entry, offering portfolio management services and market insights.
Public35 shared keywordsPublic is a trading platform that allows users to buy and sell cryptocurrencies including Bitcoin, Ethereum, and memecoins through accounts managed by Zero Hash LLC, a New York State-licensed virtual currency business.

Companies competing with Enovix for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

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.
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.