Holyvolt raises $45M for AI battery material discovery tools

Holyvolt, an AI startup focused on accelerating battery material discovery and testing, has raised $45 million in new funding. Zone II and CC.VC led the round, which valued the company at $245 million.

The company develops software tools that apply artificial intelligence to the chemistry and engineering work required to develop new battery materials. By automating parts of the discovery and testing cycle, Holyvolt aims to speed up the development of batteries for electric vehicles and energy storage applications.