Published: May 7, 2026 at 8:33 am
A high-power ultrafast charging tech firm which warned it could go bust last year has been crowned a unicorn in a fresh round of funding.
Cambridge-based Nyobolt warned in early January 2025 that it could run out of funds in late Q1 2025 if it didn’t raise investment.
Last summer it raised £23 million to allay those fears. Now it has raised a further £44m, at a $1 billion valuation, in a Series C round led by Nasdaq-listed Symbotic, a leader in AI-enabled robotics technology for the supply chain.