When was IBC founded?

IBC was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is IBC located?

IBC is headquartered in Milpitas, United States.

Who is the current CEO of IBC?

Priyadarshi Panda of IBC. They have also founded 1 company.

How many employees does IBC have?

As of May 31, 2025, IBC has 10 employees, reflecting a 67% year-over-year growth in headcount.

Is IBC a funded company?

IBC is a funded company, having raised a total of $68.3M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 17, 2024.

How much is IBC worth?

The latest valuation of IBC is $***** as of Jan 18, 2024.

When was the latest funding round of IBC?

IBC's latest funding was a $***** Series A round on Jun 03, 2025, with participation from 0 investor. Its primary sector is Energy Storage Tech. In United States, the Energy Storage Tech sector has seen $4.68B in funding in 2026 to date.

What is the annual revenue of IBC?

Annual revenue of IBC is less than ₹10 Cr as on Mar 31, 2025

Where does IBC rank among its competitors?

IBC ranks 14th amongst 423 active competitors, of which 60 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Emo Energy, which secured $6.2M in May, 2026.

Who are the top competitors of IBC?

IBC's top competitors include A123 Systems, QuantumScape and SES Technologies. Among them, Emo Energy secured the most recent funding round in May, 2026.

IBC - 2026 Company Profile, Team, Funding, Competitors & Financials

IBC is a series A company based in Milpitas (United States), founded in 2022 by Venkatesh Valluri, Priyadarshi Panda and Sasi Kuppannagari. It operates as a Platform offering prismatic lithium-ion cells for mobility and energy storage. IBC has raised $68.3M in funding from RTP Global, with a current valuation of $*****. The company has 423 active competitors, including 60 funded and 55 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and SES Technologies.

Company Details

Platform offering prismatic lithium-ion cells for mobility and energy storage. It focuses on cell design and manufacturing for various applications. It provides cells and tailored products to meet specific customer needs. The company offers end-to-end solutions for original equipment manufacturers and materials providers. It operates a pilot facility to test and validate manufacturing scalability.

Website: www.ibcbatt.com
Social
Email ID: *****@ibcbatt.com

Key Metrics

Founded Year

2022

Location

Milpitas, United States

Stage

Series A

Total Funding

$68.3M in 3 rounds

Latest Funding Round

Series A, Jun 03, 2025, $*****

Post Money Valuation

$***** as on Jan 18, 2024

Investors

RTP Global & 4 more

Ranked

14^th among 423 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

10 as on May 31, 2025

Similar Companies

SES Technologies & 283 more

View IBC's full profile

IBC is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INTERNATIONAL BATTERY COMPANY, INC. CIN: 7100666 , United States, Active	Oct 23, 2022	-	-	-
INTERNATIONAL BATTERY COMPANY INDIA PRIVATE LIMITED CIN: U27201KA2023FTC173965 , India, Active	May 22, 2023	0 - ₹10 Cr (As on Mar 31, 2025)	10 (As on Jul 31, 2025)

IBC has raised a total funding of $68.3M over 3 rounds. Its first funding round was on Jan 17, 2024. IBC has 5 institutional investors.

Here is the list of recent funding rounds of IBC:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2025	6316906	Series A	3179470	9093578	8627737	2224335
May 22, 2025	3360374	Seed	6835627	5088785	7073128	Himadri Chemicals and Industries
Jan 17, 2024	5240229	Seed	1954109	7328440	RTP Global	Beenext & 1 more

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View details of IBC's funding rounds and investors

The founders of IBC are Venkatesh Valluri, Priyadarshi Panda and Sasi Kuppannagari. Priyadarshi Panda is the CEO of IBC.

Here are the details of IBC's key team members:

Venkatesh Valluri: Co-Founder of IBC and founder of 1 other company.
Priyadarshi Panda: Co-Founder & CEO of IBC.
Contact Info: 1 email address
Sasi Kuppannagari: Co-Founder of IBC.
Contact Info: 1 email address

IBC's Board of Directors

IBC's board has 5 active members. Manas Kumar Das, Ashu Shinghal and Priyadarshi Panda are part of team and Sabyasachi Panda and Jae song Chung are independent board members.

Here is the list of IBC's board of directors:

Name	Type	Representing	Status	Duration
Priyadarshi Panda	Team	-	Current	2y 8m
Manas Kumar Das	Investor	-	Current	1y 4m
Ashu Shinghal	Investor	-	Current	1y 4m
Sabyasachi Panda	Independent board member	-	Current	3y 2m
kxivtsl	Independent board member	-	Current	1y 1m

View details of IBC's Founder profiles and Board Members

IBC's employee count trend

IBC has 10 employees as of May 25. The total employee count is 67.0% more than what it was in May 24. Here is IBC's employee count trend over the years:

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Top competitors of IBC include A123 Systems, QuantumScape and SES Technologies. Here is the list of Top 10 competitors of IBC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	A123 Systems 2001, Hangzhou (China), Public	Manufacturer of automotive lithium-ion batteries	$201M	General Electric, Qualcomm Ventures & 19 others	76/100
2nd	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 16 others	73/100
3rd	SES Technologies 2012, Woburn (United States), Public	Developer of Li-Metal batteries and AI-powered battery management solutions	$336M	Temasek, Applied Materials & 16 others	72/100
4th	Neuron Energy 2018, Mumbai (India), Series A	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$9.61M	Equanimity Investments, Chona Family Office ... & 53 others	69/100
5th	Verkor 2020, Grenoble (France), Series C	Manufacturer of lithium ion battery cells for electric vehicle mobility	$1.34B	Renault, EQT & 37 others	68/100
6th	Contemporary Amperex Technology 2011, Ningde (China), Public	Manufacturer of battery systems for electric vehicles and energy storage	-	Fortera Capital, V Fund & 18 others	67/100
7th	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Gruhas & 48 others	67/100
8th	SK On 2021, Seoul (South Korea), Series E	Provider of energy and chemical products, including batteries and lubricants	$1.73B	MBK Partners, Korea Investment Holdings & 3 others	66/100
9th	Forsee Power 2011, Paris (France), Public	Manufacturer of battery systems for electric vehicles and mobility applications	$143M	Idinvest Partners, European Investment Bank ... & 3 others	66/100
10th	Grinntech 2013, Chennai (India), Acquired	Manufacturer of lithium-ion battery packs, off-the-shelf products, and custom solutions	$2M	RTBI, Magnetic Meter Systems & 3 others	65/100
14th	IBC 2022, Milpitas (United States), Series A	Platform offering prismatic lithium-ion cells for mobility and energy storage	$68.3M	RTP Global, FalconX & 3 others	65/100