Enovix Competitors and Similar CompaniesClear all
Enovix's competitors and similar companies include T1 Energy and Solid Power.
 Enovix Enovix (formerly known as MicroAzure) is a company that designs and develops silicon-anode lithium-ion batteries. |  T1 Energy T1 Energy (formerly known as FREYR Battery) is a company that specializes in solar and battery manufacturing. | ||
Founding Date | Founding Date 2007 | Founding Date 2018 | Founding Date 2011 |
Type | Type Public | Type Public | Type Public |
Tags | |||
Locations | Locations Fremont, US HQ Hyderabad, IN Anyang, KR Nonsan, KR Seberang Perai, MY | 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 32825% increase | Employees 2604% decrease |
Valuation ($) | Valuation ($) 1.9 b | Valuation ($) 142.5 m | Valuation ($) 223.7 m |
Financial | |||
Revenue (est.) | Revenue (est.) $31.8m (FY, 2025) | 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 $699.7m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $6.1m (FY, 2025) | Gross profit $55.6m (FY, 2025) | Gross profit N/A |
Net income | Net income ($156.6m) (FY, 2025) | 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 $ 345m |
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T1 Energy
HQ
Austin, US
Employees
328↑ 25% increase
T1 Energy (formerly known as FREYR Battery) is a company that specializes in solar and battery manufacturing.
View company
Solid Power
HQ
Louisville, US
Employees
260↓ 4% decrease
Solid Power is a company that provides battery technology solutions.
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