24M Technologies Competitors and Similar CompaniesClear all

24M Technologies's competitors and similar companies include Enovix, Crown Battery Manufacturing Company and Ningbo Shanshan Co.

	24M Technologies 24M Technologies is a company that provides battery technology products.	Enovix Enovix (formerly known as MicroAzure) is a company that designs and develops silicon-anode lithium-ion batteries.	Crown Battery Manufacturing Company Crown Battery Manufacturing Company is a manufacturer and distributor of batteries.	Ningbo Shanshan Co Ningbo Shanshan Co (宁波杉杉有限公司) is a manufacturer of lithium battery materials
Founding Date	Founding Date 2010	Founding Date 2007	Founding Date 1926	Founding Date 1992
Type	Type Private	Type Public	Type Private	Type Public
Tags	Tags Manufacturing & Industrial batteries energy storage	Tags Manufacturing & Industrial batteries electronic components	Tags Manufacturing & Industrial batteries cables electronics energy storage	Tags Manufacturing & Industrial batteries
Locations	Locations Cambridge, US HQ	Locations Fremont, US HQ Hyderabad, IN Anyang, KR Nonsan, KR Seberang Perai, MY	Locations Fremont, US HQ	Locations Ningbo, CN HQ
Employees	Employees 13410% decrease	Employees 5702% increase	Employees 2732% decrease	Employees 7,184
Valuation ($)	Valuation ($) N/A	Valuation ($) 1.9 b	Valuation ($) N/A	Valuation ($) 2.8 b
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) $31.8m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) ¥21.3b (FY, 2025)
Cost of goods	Cost of goods N/A	Cost of goods $25.7m (FY, 2025)	Cost of goods N/A	Cost of goods ¥17.9b (FY, 2025)
Gross profit	Gross profit N/A	Gross profit $6.1m (FY, 2025)	Gross profit N/A	Gross profit ¥3.6b (FY, 2025)
Net income	Net income N/A	Net income ($156.6m) (FY, 2025)	Net income N/A	Net income ¥518.2m (FY, 2025)
Funding
Total funding raised	Total funding raised $ 37.8m	Total funding raised $ 219.3m	Total funding raised N/A	Total funding raised N/A