Cambridge-based Nyobolt secures over $60 million in Series C funding, marking a pivotal shift from electric vehicles to AI, warehouse robotics, and energy-intensive infrastructure, as it aims to redefine industrial power solutions.
Cambridge battery startup Nyobolt has moved into unicorn territory after raising $60 million in Series C funding at a valuation of more than $1 billion, with Symbotic leading the round. The deal underlines a shift in where high-performance batteries are finding commercial traction: not in electric cars, but in warehouse automation, physical AI and energy-intensive data centre infrastructure.
According to Nyobolt, the new capital will support development across autonomous machines, industrial robotics and AI data centres. The company said revenue has increased fivefold year on year, a sign that demand is building for power systems that can charge quickly, deliver repeated high-output cycles and avoid the downtime associated with conventional batteries.
Nyobolt was founded in 2019 on research from the University of Cambridge into niobium tungsten oxide anodes. The firm’s technology is designed to allow ultra-fast charging while maintaining long service life, with the company claiming its cells can reach 80 per cent charge in under five minutes and withstand more than 20,000 cycles. For industrial users, the key attraction is not energy density alone, but the ability to support machines that must pause only briefly before returning to work.
That is where Symbotic comes in. The AI robotics company, which supplies autonomous systems to warehouse operators, said its SymBot mobile robots are being equipped with Nyobolt’s power technology. Symbotic said the new system offers six times more energy capacity than the ultracapacitors previously used, while also being lighter and supporting far longer cycle life than standard lithium-ion packs. The battery arrangement is designed to be retrofitted into existing robots, a practical point for operators looking to improve uptime without redesigning their estates.
For logistics and industrial automation, that matters. In distribution centres, charging delays can become a bottleneck that reduces throughput, raises labour requirements and limits the economics of wider robot deployment. Nyobolt’s pitch is that rapid in-process charging can keep fleets moving continuously, reducing the need for battery swaps and long charging windows.
The company is also positioning itself for the energy demands of AI infrastructure. Data centres, especially those supporting large-scale compute workloads, need power systems that can react quickly to fluctuations and operate reliably through repeated discharge cycles. Nyobolt says it sees opportunity in replacing more traditional backup and power-management technologies in those environments.
The latest funding round included participation from IQ Capital, Latitude, Scania Invest and CBMM. For decarbonisation professionals, the significance of the deal is broader than one startup’s valuation: it reflects growing investor interest in enabling technologies that improve the efficiency of electrified industrial systems, particularly where uptime, power density and asset utilisation are critical.
Nyobolt is still far from proving it can scale manufacturing at the pace its customers will require. But the combination of a live robotics deployment, a fast-growing order pipeline and a one-billion-dollar valuation suggests that ultrafast charging is moving from laboratory curiosity to industrial infrastructure.
- https://thenextweb.com/news/nyobolt-series-c-unicorn-ultrafast-battery-symbotic-robots – Please view link – unable to able to access data
- https://nyobolt.com/resources/news/nyobolt-closes-series-c-round-at-1b-valuation-to-power-the-rise-of-autonomous-machines-physical-ai-applications-and-ai-data-centres/ – Nyobolt, a UK-based pioneer in ultra-fast, high-power energy technology, has raised $60 million in Series C funding, achieving a valuation exceeding $1 billion. The funding round was led by Symbotic, a leader in AI-enabled robotics technology for the supply chain, with participation from IQ Capital, Latitude, Scania Invest, and CBMM. This investment aims to accelerate Nyobolt’s development pipeline and bring its power performance solutions to autonomous machines, physical AI applications, and AI data centres. The company reported a fivefold year-on-year revenue growth, reflecting the increasing demand for instant power across these sectors. ([nyobolt.com](https://nyobolt.com/resources/news/nyobolt-closes-series-c-round-at-1b-valuation-to-power-the-rise-of-autonomous-machines-physical-ai-applications-and-ai-data-centres/?utm_source=openai))
- https://www.symbotic.com/news/symbotic-and-nyobolt-announce-new-performance-improving-power-technology-for-symbot-autonomous-mobile-robots/ – Symbotic, a leader in AI-enabled robotics technology for the supply chain, has announced the integration of Nyobolt’s high-performance battery technology into its SymBot™ autonomous mobile robots. This new power technology provides ultra-fast charging capabilities, delivering six times more energy capacity than the previously used ultracapacitors, while being 40% lighter and achieving at least ten times the cycle life of traditional lithium-ion batteries. The enhanced battery system is designed to be retrofitted into existing SymBot™ robots, ensuring compatibility with current customer facilities. ([symbotic.com](https://www.symbotic.com/news/symbotic-and-nyobolt-announce-new-performance-improving-power-technology-for-symbot-autonomous-mobile-robots/?utm_source=openai))
- https://www.symbotic.com/home/ – Symbotic is a company that reimagines the supply chain by reinventing the warehouse through an end-to-end system leveraging a fleet of fully autonomous robots and AI-powered software. Their solutions aim to address challenges such as limited labor availability, increasing operating costs, and misalignment of inventory with demand. Symbotic’s technology platform is designed to transform warehouse automation for increased efficiency, speed, and flexibility. ([symbotic.com](https://www.symbotic.com/home/?utm_source=openai))
- https://www.tamradar.com/funding-rounds/nyobolt-series-c-60m – Nyobolt, a UK-based pioneer in ultrafast-charging lithium-ion batteries using proprietary niobium tungsten oxide anodes, has raised $60 million in Series C funding led by Symbotic. The round achieves a $1 billion valuation and includes IQ Capital, Latitude, Scania Invest, and CBMM. Proceeds will scale production of battery cells, packs, and integrated systems for AI data centres, robotics, and autonomous vehicles. Nyobolt’s batteries deliver millisecond response times and 80% charge in under 5 minutes, targeting power spikes in GPU racks and robot fleets. ([tamradar.com](https://www.tamradar.com/funding-rounds/nyobolt-series-c-60m?utm_source=openai))
- https://nyobolt.com/industrial-and-robotics/ – Nyobolt’s fast-charging batteries power Physical AI systems, enabling continuous operation, eliminating swaps, and delivering years of high-power performance without degradation. In-process charging allows up to 100% uptime and removes the need for mid-shift charging or battery swaps that have traditionally caused operational bottlenecks. The technology ensures uninterrupted operations through advanced system reliability, predictive maintenance, and intelligent fault recovery, transforming warehouse automation into a resilient operation that maintains peak performance 24/7. Additionally, Nyobolt’s batteries provide consistent fast-charging across years of service, preventing typical degradation in charging speed and battery capacity that leads to reduced productivity and increased operational complexity over time. ([nyobolt.com](https://nyobolt.com/industrial-and-robotics/?utm_source=openai))
- https://en.wikipedia.org/wiki/Nyobolt – Nyobolt is a UK-based company that specializes in high-power, ultra-fast charging battery technology. In September 2025, Nyobolt announced that its battery technology was being integrated into Symbotic’s fleet of autonomous mobile robots (AMRs). The system delivers six times more energy capacity while being 40% lighter than ultracapacitors and offers up to ten times the cycle life of conventional lithium-ion batteries. Symbotic began limited production use in June 2025 and planned full deployment from September 2025. The module is retrofit compatible with earlier robot models and supports existing charging infrastructure. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Nyobolt?utm_source=openai))
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The article reports on Nyobolt’s recent $60 million Series C funding round, valuing the company at $1 billion, led by Symbotic. ([nyobolt.com](https://nyobolt.com/resources/news/nyobolt-closes-series-c-round-at-1b-valuation-to-power-the-rise-of-autonomous-machines-physical-ai-applications-and-ai-data-centres/?utm_source=openai)) Similar reports from reputable sources like Nasdaq and The Next Web confirm the event. ([nasdaq.com](https://www.nasdaq.com/press-release/nyobolt-closes-series-c-round-1b-valuation-power-rise-autonomous-machines-physical-ai?utm_source=openai)) However, the earliest known publication date of these reports is May 6, 2026, which is within the past 7 days, indicating freshness. ([nasdaq.com](https://www.nasdaq.com/press-release/nyobolt-closes-series-c-round-1b-valuation-power-rise-autonomous-machines-physical-ai?utm_source=openai))
Quotes check
Score:
7
Notes:
The article includes direct quotes from Nyobolt’s CEO, Sai Shivareddy, and Symbotic’s Chief Strategy Officer, Bill Boyd. ([nasdaq.com](https://www.nasdaq.com/press-release/nyobolt-closes-series-c-round-1b-valuation-power-rise-autonomous-machines-physical-ai?utm_source=openai)) While these quotes are present in multiple sources, the earliest known usage is from May 6, 2026. ([nasdaq.com](https://www.nasdaq.com/press-release/nyobolt-closes-series-c-round-1b-valuation-power-rise-autonomous-machines-physical-ai?utm_source=openai)) The consistency of the quotes across sources suggests they are likely accurate, but the lack of earlier appearances raises a slight concern about their originality.
Source reliability
Score:
8
Notes:
The article originates from The Next Web, a reputable technology news outlet. ([thenextweb.com](https://thenextweb.com/news/nyobolt-series-c-unicorn-ultrafast-battery-symbotic-robots?utm_source=openai)) The information is corroborated by other reputable sources, including Nasdaq and The AI Insider. ([nasdaq.com](https://www.nasdaq.com/press-release/nyobolt-closes-series-c-round-1b-valuation-power-rise-autonomous-machines-physical-ai?utm_source=openai)) However, the article does not provide direct links to the original press release from Nyobolt, which would have enhanced source reliability.
Plausibility check
Score:
9
Notes:
The claims about Nyobolt’s $60 million Series C funding round and its valuation at $1 billion are plausible and align with industry trends in high-performance battery technology. ([nasdaq.com](https://www.nasdaq.com/press-release/nyobolt-closes-series-c-round-1b-valuation-power-rise-autonomous-machines-physical-ai?utm_source=openai)) The involvement of Symbotic, a leader in AI-enabled robotics, adds credibility to the report. ([thenextweb.com](https://thenextweb.com/news/nyobolt-series-c-unicorn-ultrafast-battery-symbotic-robots?utm_source=openai))
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article reports on Nyobolt’s recent $60 million Series C funding round, valuing the company at $1 billion, led by Symbotic. While the information is corroborated by multiple reputable sources, the lack of direct links to the original press release and the absence of earlier appearances of the quotes raise slight concerns about the freshness and originality of the content. ([nyobolt.com](https://nyobolt.com/resources/news/nyobolt-closes-series-c-round-at-1b-valuation-to-power-the-rise-of-autonomous-machines-physical-ai-applications-and-ai-data-centres/?utm_source=openai))
