Sparkz
PrivateLast Round
Debt
Jan 1, 2025
Total Funding Raised
$44M
Company Overview
Sparkz, Inc. is a US-based company, founded in 2019 by CEO Sanjiv Malhotra, that is focused on re-engineering the battery supply chain by manufacturing cobalt-free and nickel-free lithium-ion batteries. The company is working to establish a domestic supply chain for Cathode Active Material (CAM) to reduce America's reliance on foreign sources and lower battery costs. Sparkz's technology, licensed from Oak Ridge National Laboratory, aims to address common battery issues like slow charging, degradation, and safety concerns. The company has established its headquarters in Livermore, California, and has had major expansion plans for manufacturing facilities in West Virginia and the Sacramento, California area.
Sector
Energy & Sustainability
Verticals
Energy Storage, Electric Vehicles, Advanced Materials, Clean Manufacturing, Sustainable Materials
Business Model
B2B
Customer Profile
Hardware Sales, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Sparkz Comps
Public and private peers based on sector, stage, and business model.
Sparkz Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Jan 1, 2025 | ||||
| Grant | Oct 22, 2024 | ||||
| Grant | Sep 9, 2024 | ||||
| Grant | Aug 24, 2022 | ||||
| Grant | Apr 21, 2022 | ||||
VC Round | Jan 28, 2022 |
Sparkz Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| CALSTART | Grant |
| Tennessee Technology Development Corporation | VC Round |
| Ulu Ventures | VC Round |
| Monta Vista Capital | VC Round |
| SeedFolio | VC Round |
| California Energy Commission | Grant |
| U.S. Department of the Treasury | Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 4, 2025
New Sacramento plant will create approximately 200 jobs.
Sparkz Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Sparkz's valuation, stock price, and market status.
