Electrovaya: Funding, Investors & Team (Sep 2026)
Electrovaya develops battery technologies designed for increased safety and longer life. It designs, develops, and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications.
Electrovaya has raised $33.1M across 3 funding rounds on record, the most recent an undisclosed round of $920k announced in Jan 2026.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Electrovaya Company Profile and Key Stats
Latest funding round on record: Jan 2026.
Electrovaya Funding Rounds
Electrovaya raised $7.8M in an undisclosed round announced in Dec 2024.
11 months later, an undisclosed round of $24.4M was announced in Nov 2025.
2 months later, an undisclosed round of $920k was announced in Jan 2026.
Electrovaya Founders and Leadership Team
No contact details are on record for this team yet.
Electrovaya Funding Compared to Other Energy Startups
Electrovaya's latest round of $920k is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Electrovaya in Energy and Mississauga
Companies Similar to Electrovaya
PowerBank is a renewable energy company that develops, owns, and operates clean energy infrastructure…
Volta Energy helps businesses transform into sustainable, cost-effective practices using digital technology.…
Full Circle Lithium is a company that specializes in processing battery materials and is committed to…
dynaCERT is a growing energy sector company that specializes in delivering Carbon Emission Reduction…
StrategX Elements is a company that specializes in the exploration of cobalt and other metals used in the…
Foremost Lithium Resources & Technology is a mining company that specializes in lithium mineral exploration.
Manning Ventures is a mineral exploration and development firm that focuses on metals and commodities…
Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key…
East West Minerals is a Canadian oil and gas firm involved in the exploration, development, and production of…
NordX Metals is an exploration and development company energized by the global demand for lithium. The…
FuelPositive is a growth-oriented company based in Canada that is dedicated to offering financially viable…
Aduro Clean Technologies - NASDAQ: ADUR | CSE: ACT | FSE: 9D5 Aduro Clean Technologies is dedicated to…
Electrovaya Funding FAQs
What does Electrovaya do?
Electrovaya develops battery technologies designed for increased safety and longer life. It designs, develops, and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications.
How much funding has Electrovaya raised?
Electrovaya has raised $33.1M across 3 rounds on record. The most recent is an undisclosed round of $920k announced in Jan 2026.
When did Electrovaya last raise funding?
Electrovaya's most recent funding round on record is an undisclosed round of $920k, announced in Jan 2026.
Who founded Electrovaya?
FundedIQ lists Sankar Das Gupta (Founder) at Electrovaya.
Where is Electrovaya headquartered?
Electrovaya is based in Mississauga, Ontario, Canada.
How many employees does Electrovaya have?
Electrovaya is in the 51-100 employee band.
How does Electrovaya's funding compare to other Energy startups?
Electrovaya's latest round of $920k is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Electrovaya Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Electrovaya is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.