EVident Battery has raised $3.2 million in seed funding to accelerate its EV battery inspection technology. The company said its AI-powered, non-destructive diagnostics address uncertainty around EV battery health in the aftermarket and improve quality control during manufacturing.
Ibex Investors led the funding round, joined by Nationwide Ventures, Automotive Ventures, Avesta Fund, and several EV-focused angel investors. EVident said it plans to use the capital to scale its R&D, expand manufacturing capabilities, and build strategic partnerships. The company also aims to grow its team with new hires in engineering, manufacturing, and business development.
“We are thrilled to benefit from the support of top automotive investors. They share our vision to bring transparency and certainty to the EV market for a more sustainable future powered by innovative solutions,” said Jinqiang Ning, CEO of EVident Battery. “This funding allows us to accelerate our roadmap. We can bring to market battery inspection technology that is not only high-performing but also environmentally conscious. Our goals are to standardize EV battery service and inspection. We also want to build a centralized EV battery database for full transparency.”
Rapid, Non-Destructive EV Battery Inspection
EVident said its inspection tools use AI to deliver accurate battery health data in under two minutes. The pilot version has already launched, and the company is moving toward full commercialization.
“We are at a pivotal moment in the world’s transition to electric vehicles. The reliability and performance of battery packs are critical issues for manufacturers, service providers, and consumers,” said Steve Greenfield, General Partner at Automotive Ventures. “Developing safer and higher-performing batteries is a critical step in the journey of electrifying transportation. EVident’s team has demonstrated a clear path to revolutionizing battery inspection technology.”
EVident’s Battery Tech Targets Lifecycle and Second-Hand Markets
“Most attention from automakers and startups is focused on cell-related battery state of health. However, an EV is much more than a collection of cells,” said Jeff Peters, Partner and Head of Mobility VC at Ibex Investors. “EVident has created a highly unique diagnostic for the structural integrity of the entire battery pack. We are excited about the opportunity this technology unlocks in manufacturing quality control, on-going monitoring, the second-hand EV market, and ultimately end-of-life disposition.”
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