EVident Battery, a provider of advanced battery technology, announced the successful closing of a $3.2 million seed funding round. This financing will support the company’s mission to accelerate the development of next-generation battery inspection solutions that address the uncertainty of electric vehicle (EV) battery pack health in the aftermarket and quality optimization in the battery pack manufacturing process.
The round was led by Ibex Investors with participation from Nationwide Ventures, Automotive Ventures, Avesta Fund, and notable angels in the EV space — adding to an existing roster of automotive and battery expert advisors.
The funding will be instrumental in expanding EVident’s research and development initiatives, enhancing manufacturing capabilities, and driving forward strategic partnerships. The infusion of capital will also enable EVident to expand its team with additional experts in engineering, manufacturing and business development.
EVident Battery has developed comprehensive and non-destructive EV battery pack inspection solutions powered by AI that execute in less than two minutes. Non-cell failures are detrimental to battery pack longevity and performance but have been previously undetectable without destructive teardown. Insufficient inspection of those failures could lead to billions of dollars in loss in battery replacement.
With the new capital, the company will further develop its inspection technology, which aims to deliver accurate and comprehensive information about battery pack conditions to various customers in the EV market. EVident Battery launches its pilot product, bringing its rapid, non-destructive battery pack inspection technology into real-world use.
This pilot marks a key step toward commercialization, enabling the company to validate performance, refine its AI models, and scale deployment.
EVident Battery is committed to advancing battery inspection technology and supporting global efforts to reduce carbon emissions. By providing solutions that meet the performance needs of modern mobility applications while minimizing environmental impact, EVident is poised to make a significant contribution to the clean energy economy.
Filed Under: Batteries, Technology News