Enovix Obtains New Funding Round

  • Feed Type
  • Date
    5/18/2010
  • Company Name
    Enovix
  • Mailing Address
    46758 Lakeview Blvd. Fremont, CA 94538
  • Company Description
    ENOVIX Corp., founded in 2006 under the operating name microAzure, has assembled a diverse section of proven technology innovators uniquely capable of developing and cost effectively producing the revolutionary 3 Wave Array energy storage cells.
  • Website
    http://www.enovix.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    It will use the funding for general corporate purposes as it looks to launch power storage cells for use in many consumer electronics.
  • M&A Terms
  • Venture Investor
    Wells Fargo & Co.
  • Venture Investor
    DCM – Doll Capital Management