NOVONIX: Funding, Investors & Team (Sep 2026)
NOVONIX is a company that develops and supplies advanced materials and technologies for the global lithium-ion battery industry. They have operations in both the USA and Canada, and consist of two separate businesses: NOVONIX Battery Technology Solutions (BTS) located in Halifax, and NOVONIX Anode Materials based in Chattanooga. NOVONIX Battery Technology Solutions (BTS) is a spin-off from Dr. Jeff Dahn's laboratory at Dalhousie University, specializing in highly accurate battery cell testing. Their equipment and testing services are utilized by prominent battery manufacturers, researchers, and equipment manufacturers worldwide. Some of their clients include PANASONIC, CATL, ATL, XALT Energy, K2 Energy, BOSCH, Dyson, Alcatel. Lucent, DALHOUSIE University, 3M, Pacific Northwest National Laboratory, and Helmholtz Institute. If you are looking to accelerate your battery research, NOVONIX BTS offers a range of services such as materials development, cell design, cell testing, and electrolyte analysis. NOVONIX Anode Materials (NAM), based in Chattanooga, is the leading producer of graphite anode material for lithium-ion batteries. NAM is the sole supplier of graphite anode in the United States and is committed to developing the domestic battery supply chain. They source all their precursor materials and equipment from within the USA. novonixgroup.com/contact-us/ To learn more about NOVONIX, visit their website at www.novonixgroup.com.
NOVONIX has raised $44.6M across 2 funding rounds on record, the most recent an undisclosed round of $14.6M announced in Jun 2026.
That round is above the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.
NOVONIX Company Profile and Key Stats
Latest funding round on record: Jun 2026.
NOVONIX Funding Rounds
NOVONIX raised $30.0M in an undisclosed round announced in Jun 2023.
3 years later, an undisclosed round of $14.6M was announced in Jun 2026.
NOVONIX Founders and Leadership Team
Contact details for the NOVONIX team: 1 of 2 have an email address on file.
Start 14-day free trial →NOVONIX Funding Compared to Other Manufacturing Startups
NOVONIX's latest round of $14.6M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.
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NOVONIX Funding FAQs
What does NOVONIX do?
NOVONIX is a company that develops and supplies advanced materials and technologies for the global lithium-ion battery industry. They have operations in both the USA and Canada, and consist of two separate businesses: NOVONIX Battery Technology Solutions (BTS) located in Halifax, and NOVONIX Anode Materials based in Chattanooga. NOVONIX Battery Technology Solutions (BTS) is a spin-off from Dr. Jeff Dahn's laboratory at Dalhousie University, specializing in highly accurate battery cell testing. Their equipment and testing services are utilized by prominent battery manufacturers, researchers, and equipment manufacturers worldwide. Some of their clients include PANASONIC, CATL, ATL, XALT Energy, K2 Energy, BOSCH, Dyson, Alcatel. Lucent, DALHOUSIE University, 3M, Pacific Northwest National Laboratory, and Helmholtz Institute. If you are looking to accelerate your battery research, NOVONIX BTS offers a range of services such as materials development, cell design, cell testing, and electrolyte analysis. NOVONIX Anode Materials (NAM), based in Chattanooga, is the leading producer of graphite anode material for lithium-ion batteries. NAM is the sole supplier of graphite anode in the United States and is committed to developing the domestic battery supply chain. They source all their precursor materials and equipment from within the USA. novonixgroup.com/contact-us/ To learn more about NOVONIX, visit their website at www.novonixgroup.com.
How much funding has NOVONIX raised?
NOVONIX has raised $44.6M across 2 rounds on record. The most recent is an undisclosed round of $14.6M announced in Jun 2026.
When did NOVONIX last raise funding?
NOVONIX's most recent funding round on record is an undisclosed round of $14.6M, announced in Jun 2026.
Who founded NOVONIX?
FundedIQ lists Mark Mcarthur (Founder), Mike O'kronley (Founder) at NOVONIX.
Where is NOVONIX headquartered?
NOVONIX is based in Bedford, Nova Scotia, Canada.
How many employees does NOVONIX have?
NOVONIX is in the 101-250 employee band.
How does NOVONIX's funding compare to other Manufacturing startups?
NOVONIX's latest round of $14.6M is above the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.
About FundedIQ's NOVONIX 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 NOVONIX is left off this page rather than filled in.
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