Tech Company Financing Transactions

Ionblox Funding Round

Ionblox, based in Fremont, raised $24 million from Applied Ventures, Catalus Capital and Lilium.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
The company will use the investment to continue scaling operations and increasing manufacturing capabilities as it ramps up production in the United States. Additionally, Ionblox will invest in the hiring and further expansion of the team, including manufacturing talent.

Company Information

Company Status
Private & Independent
Energy & Battery
Mailing Address
3390 Gateway Boulevard
Fremont, CA 94538
Email Address
Founded in 2017, Ionblox (previously known as Zenlabs Energy) is a next-generation energy company transforming the future of mobility by land and air. Ionblox's proprietary pre-lithiated silicon oxide anode distinguishes itself by simultaneously delivering multiple performance attributes -- fast charging, high energy, high power, and long life at low cost -- pushing the limits of traditional battery storage technology and unlocking the viability of widespread electric transportation for generations to come.
Ionblox LinkedIn Company Profile
Social Media
Ionblox Company Twitter Account
Company News
Ionblox News
Ionblox on Facebook
Ionblox on YouTube

Management Team

Email & Social
Chief Executive Officer
Sujeet Kumar
  Sujeet Kumar LinkedIn Profile  Sujeet Kumar Twitter Account  Sujeet Kumar News  Sujeet Kumar on Facebook
Chief Operating Officer
Alex Lee
  Alex Lee LinkedIn Profile  Alex Lee Twitter Account  Alex Lee News  Alex Lee on Facebook
Chief Technical Officer
Herman Lopez
  Herman Lopez LinkedIn Profile  Herman Lopez Twitter Account  Herman Lopez News  Herman Lopez on Facebook
Michael Sinkula
  Michael Sinkula LinkedIn Profile  Michael Sinkula Twitter Account  Michael Sinkula News  Michael Sinkula on Facebook



Browse more venture capital transactions:

Prev: 10/26/2022: Crowded venture capital transaction
Next: 10/26/2022: QuantHealth venture capital transaction


Share this article


About Our VC Transactions Data

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary