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Enovix Competitors and Similar CompaniesClear all

Enovix's competitors and similar companies include CellaTech, Eveready, T1 Energy and Solid Power.

	Enovix Enovix (formerly known as MicroAzure) is a company that designs and develops silicon-anode lithium-ion batteries.	CellaTech CELLA Tech provides energy storage solutions suited to a variety of industries requiring reliable uptime in grid-challenged environments.	Eveready Eveready is a company that manufactures dry cell batteries and micro-wind turbines.	T1 Energy T1 Energy (formerly known as FREYR Battery) is a company that specializes in solar and battery manufacturing.	Solid Power Solid Power is a company that provides battery technology solutions.
Founding Date	Founding Date 2007	Founding Date N/A	Founding Date 1937	Founding Date 2018	Founding Date 2011
Type	Type Public	Type Private	Type Private	Type Public	Type Public
Tags	Tags Manufacturing & Industrial batteries electronic components	Tags Energy & Utilities batteries energy infrastructure energy storage	Tags Manufacturing & Industrial batteries	Tags Manufacturing & Industrial batteries solar	Tags Manufacturing & Industrial batteries
Locations	Locations Fremont, US HQ Hyderabad, IN Anyang, KR Nonsan, KR Seberang Perai, MY	Locations New York, US HQ Gurugram, IN Guwahati, IN Seoul, KR Singapore, SG London, GB Cheyenne, US see more	Locations Gqeberha, ZA HQ	Locations Austin, US HQ Helsinki, FI Mo I Rana, NO Oslo, NO Reading, GB Wilmer, US	Locations Louisville, US HQ Thornton, US
Employees	Employees 5702% increase	Employees 5	Employees 2291% increase	Employees 32825% increase	Employees 2604% decrease
Valuation ($)	Valuation ($) 1.9 b	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 142.5 m	Valuation ($) 223.7 m
Financial
Revenue (est.)	Revenue (est.) $31.8m (FY, 2025)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) $755.3m (FY, 2025)	Revenue (est.) $21.7m (FY, 2025)
Cost of goods	Cost of goods $25.7m (FY, 2025)	Cost of goods N/A	Cost of goods N/A	Cost of goods $699.7m (FY, 2025)	Cost of goods N/A
Gross profit	Gross profit $6.1m (FY, 2025)	Gross profit N/A	Gross profit N/A	Gross profit $55.6m (FY, 2025)	Gross profit N/A
Net income	Net income ($156.6m) (FY, 2025)	Net income N/A	Net income N/A	Net income ($367.8m) (FY, 2025)	Net income ($93.4m) (FY, 2025)
Funding
Total funding raised	Total funding raised $ 219.3m	Total funding raised N/A	Total funding raised N/A	Total funding raised N/A	Total funding raised $ 345m