TECH NEWS
Nyobolt’s batteries charge in seconds and last 20,000 cycles. The customer that made it a unicorn is a warehouse robot.
TL;DR Cambridge battery startup Nyobolt has raised 60 million dollars at a one billion dollar valuation, led by Symbotic, the robotics company whose warehouse robots already run on Nyobolt’s ultrafast-charging niobium tungsten oxide cells. The batteries charge in under five minutes, survive 20,000 cycles, and target physical