StoreDot

Company Overview

Snapshot

Founded in November 2025 by Doron Myersdorf, Gil Rosenman, and Simon Litsyn, StoreDot operates with 1–10 employees. The company has raised a total of $200M across 7 funding rounds from 17 investors. In September 2022, StoreDot began shipping EV battery cell samples to global car makers, demonstrating its extreme fast-charging technology capable of delivering 100 miles of range in five minutes.

Business overview

StoreDot is an Israeli battery technology startup focused on developing extreme fast-charging (XFC) lithium-ion batteries for electric vehicles and advanced mobility platforms. The company's core technology utilizes silicon-dominant cell chemistry, proprietary organic and inorganic compounds, and AI-optimized formulations to achieve rapid charging times, aiming to provide 100 miles of range in approximately five minutes. StoreDot serves the automotive industry by focusing on pack-level design, cell-to-pack architectures, and compatibility with existing manufacturing lines, enabling OEMs to scale next-generation EV platforms. The company commercializes its technology through strategic manufacturing and licensing partnerships with leading global battery and automotive players, operating within the Energy Tech sector.

Strategic signal

In September 2024, StoreDot announced significant progress in accelerating EV adoption by achieving 10-minute charging for large prismatic batteries. This development is crucial for the electric vehicle market, as it addresses a key barrier to mass EV adoption: charging time. For investors and innovation teams, this signals StoreDot's continued leadership in extreme fast-charging technology and its potential to significantly impact the automotive industry's transition to electric vehicles by making EV ownership more convenient and accessible.

Company Intelligence Q&A

What was a key strategic collaboration for StoreDot in late 2023?

In September 2023, StoreDot signed a strategic collaboration with Volvo Cars to develop cells for next-generation electric vehicles, indicating a significant partnership with a major automotive manufacturer.

What recent operational milestone did StoreDot achieve regarding its US presence?

In March 2024, StoreDot opened a new US headquarters in California, expanding its global footprint and strategic operations.

What was a significant product development announced by StoreDot in September 2024?

In September 2024, StoreDot announced that 10-minute charging of large prismatic batteries is now a reality, accelerating EV adoption by addressing charging time concerns.

Which major automotive industry analyst joined StoreDot's advisory board?

In September 2024, Rod Lache, a top automotive industry analyst, joined StoreDot's advisory board, further expanding the company's global expertise.

What was a notable partnership for StoreDot in October 2023?

In October 2023, StoreDot entered a partnership with Flex|N|Gate to produce extreme fast-charging battery cells, demonstrating its focus on manufacturing and scaling its technology.