When was Daramic founded?

Daramic was founded in 1930 and raised its 1st funding round 85 years after it was founded.

Where is Daramic located?

Daramic is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina.

How many employees does Daramic have?

As of Jul 31, 2026, the latest employee count at Daramic is 540.

Is Daramic a funded company?

Daramic is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Jun 01, 2015.

When was the latest funding round of Daramic?

Daramic's latest funding was a $***** Grant (prize money) round on Jun 01, 2015, with participation from 1 investor. Its primary sector is Auto Components. In United States, the Auto Components sector has seen $38.2M in funding in 2026 to date.

What is the annual revenue of Daramic?

Annual revenue of Daramic is between $50M and $100M as on Dec 31, 2023

Where does Daramic rank among its competitors?

Daramic ranks 11th amongst 148 active competitors, of which 5 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was UGOWORK, which secured $51M in Jul, 2024.

Who are the top competitors of Daramic?

Daramic's top competitors include Lgchem, Exide Industries and Exide. Among them, UGOWORK secured the most recent funding round in July, 2024.

Daramic - 2026 Company Profile, Funding, Competitors & Financials

Daramic is an acquired company based in Charlotte (United States), founded in 1930. It operates as a Global leader in lead-acid battery separators, driving innovation and performance. Daramic has raised an undisclosed amount in funding. The company has 148 active competitors, including 5 funded and 22 that have exited. Its top competitors include companies like Lgchem, Exide Industries and Exide.

Company Details

Global leader in lead-acid battery separators, driving innovation and performance. The company specializes in manufacturing and supplying high-performance polyethylene battery separators for the lead-acid battery industry. With a focus on innovation, they develop solutions to meet customer needs. Their global reach ensures continuity of supply and prompt service. They are committed to advanced separator technology, offering expertise through research and development centers. They provide customized products and field support. The company focuses on automotive, motive power, deep cycle, and stationary/specialty applications. They are dedicated to quality and meeting customer needs worldwide. Their products enhance power in various applications, including renewable energy.

Website: daramic.com
Social
Phone Number: +1 **********
Registered Address: Charlotte, North Carolina

Key Metrics

Founded Year

1930

Location

Charlotte, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Jun 01, 2015, $*****

Investors

Europa

Ranked

11^th among 148 active competitors

Annual Revenue

$50M - $100M as on Dec 31, 2023

Employee Count

540 as on Jul 31, 2026

Similar Companies

Lgchem & 171 more

Exit Details

Acquired by Kingswood Capital (Dec 02, 2025)

View Daramic's full profile

Daramic is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DARAMIC BATTERY SEPARATOR INDIA PRIVATE LIMITED CIN: U31401KA2008FTC045455 , India, Active	Feb 29, 2008	₹100 - ₹500 Cr (As on Mar 31, 2025)	323 (As on Mar 31, 2024)
DARAMIC (THAILAND) COMPANY LIMITED CIN: 0105540007581 , Thailand, Active	Jan 21, 1997	$50M - $100M (As on Dec 31, 2023)	-
Daramic, Llc CIN: 571006869 , United States, Active	Dec 26, 999	-	125 (As on Dec 31, 2023)	-
Daramic, Llc CIN: X1517_HRB3573NO , Germany, Active		-	-

Daramic got acquired by Kingswood Capital on Dec 02, 2025.

Click here to take a look at Daramic's acquisition in detail

Daramic has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jun 01, 2015 for $*****. 1 investor participated in its latest round. Daramic has 1 institutional investor.

Here is the list of recent funding rounds of Daramic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2015	5092780	Grant (prize money)	1104593	3431601	7967184	9481147

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View details of Daramic's funding rounds and investors

Daramic's employee count trend

Daramic has 540 employees as of Jul 26. Here is Daramic's employee count trend over the years:

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Top competitors of Daramic include Lgchem, Exide Industries and Exide. Here is the list of Top 10 competitors of Daramic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lgchem 1947, South Korea, Public	Manufacturer of petrochemicals, advanced materials, and innovative life science solutions	-	Gates, European Investment Bank	63/100
2nd	Exide Industries 1947, Kolkata (India), Public	Manufacturer of lead-acid storage batteries	-	Nalanda Capital, India Capital Growth	60/100
3rd	Exide 1888, Milton (United States), Acquired	Manufacturer & supplier of automotive power storage systems	$408M	Defense.gov, Z Capital Group	59/100
4th	Amara Raja Group 1985, Hyderabad (India), Unfunded	Traditional conglomerate offering services in auto component, energy, and education sectors	-	-	58/100
5th	Livguard 2014, Gurugram (India), Series B	Manufacturer of automotive batteries and solar products	$65.1M	Ivory Investment, ChrysCapital & 4 others	58/100
6th	East Penn Manufacturing Co. 1946, Lyons (United States), Funding Raised	Global leader in lead-acid batteries and power storage solutions	-	DOE, OSTI	53/100
7th	UGOWORK 2015, Quebec City (Canada), Series C	Manufacturer of forklift batteries	$74.2M	Fonds de solidarite FTQ, Export Development Canada ... & 5 others	50/100
8th	FIAMM 1942, Montecchio Maggiore (Italy), Acquired	Manufacturer and supplier of batteries and accumulators	-	European Investment Bank, Europa	49/100
9th	Trojan Battery 1925, Santa Fe Springs (United States), Acquired	Global leader in energy storage solutions, specializing in deep-cycle batteries	-	Charlesbank Capital Partners	46/100
10th	Accumulator factory MOLL 1945, Germany, Late Stage	Manufacturer of starter batteries for automotive, commercial vehicles, and industrial applications	-	Metair, DPU Investment & 1 others	45/100
11th	Daramic 1930, Charlotte (United States), Acquired	Global leader in lead-acid battery separators, driving innovation and performance	-	Europa	44/100