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, the latest employee count at IBC is 10.

Is IBC a funded company?

IBC is a funded company, having raised a total of $64M 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.

What is the annual revenue of IBC?

Annual revenue of IBC is ₹1.66Cr as on Mar 31, 2025.

Where does IBC rank among its competitors?

IBC ranks 11th amongst 367 active competitors, of which 58 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Neuron Energy, which secured $3.5M in Nov, 2025.

Who are the top competitors of IBC?

IBC's top competitors include A123 Systems, QuantumScape and Greenfuel Energy Solutions. Among them, Neuron Energy secured the most recent funding round in November, 2025.

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

IBC is a series A company based in Milpitas (United States), founded in 2022 by Raj Shekhar Singh, 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 $64M in funding from RTP Global, with a current valuation of $*****. The company has 367 active competitors, including 58 funded and 56 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and Greenfuel Energy Solutions.

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

Key Metrics

Founded Year

2022

Location

Milpitas, United States

Stage

Series A

Total Funding

$64M 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

11^th among 367 active competitors

Annual Revenue

₹1.66Cr as on Mar 31, 2025

Employee Count

10 as on May 31, 2025

Similar Companies

Greenfuel Energy Solutions & 280 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	$196K (As on Mar 31, 2025)	10 (As on Jul 31, 2025)

IBC has raised a total funding of $64M 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	3781664	Series A	9827320	5686578	7174695	8775277
May 22, 2025	6102009	Seed	3478721	2842162	2837017	Himadri Chemicals and Industries
Jan 17, 2024	8214907	Seed	8972369	3933450	RTP Global	Beenext & 1 more

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View details of IBC's funding rounds and investors

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

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

Raj Shekhar Singh: Co-Founder and CRO of IBC and founder of 2 other companies, Hyperspec and Z21 Ventures.
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

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 Greenfuel Energy Solutions. 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	Greenfuel Energy Solutions 2006, Gurugram (India), Acquired	Manufacturer of CNG, LNG, and hydrogen components for vehicle and stations	-	-	73/100
4th	Neuron Energy 2018, Mumbai (India), Series A	Platform offering lithium-ion batteries for electric vehicles and energy storage	$9.61M	Equanimity Investments, Chona Family Office ... & 39 others	68/100
5th	SES Technologies 2012, Woburn (United States), Public	Developer of Li-Metal batteries and AI-powered battery management solutions	$336M	Temasek, Hyundai Motor Company & 16 others	67/100
6th	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	66/100
7th	LG Energy Solutions 2020, Seoul (South Korea), Public	Manufacturer of advanced batteries for automotive, mobility, IT, and ESS applications	-	-	65/100
8th	Solid Power 2011, Louisville (United States), Public	Developer of solid-state lithium-ion battery	$182M	Ford, BMW i Ventures & 14 others	65/100
9th	Vecmocon 2016, Noida (India), Series A	Developer of battery management systems, chargers, vehicle intelligence modules, and clusters	$24M	Blume Venture, Tiger Global Management & 30 others	65/100
10th	Microvast 2006, Stafford (United States), Public	Manufacturer of lithium-ion battery solutions for transportation, heavy equipment, and storage	$430M	Ashmore, IFC & 7 others	65/100
11th	IBC 2022, Milpitas (United States), Series A	Platform offering prismatic lithium-ion cells for mobility and energy storage	$64M	Beenext, FalconX & 3 others	65/100