Nyobolt demonstrates world-class high-power energy storage technology to Ian Sollom MP

Cambridge-based high-power energy storage technology scale-up Nyobolt showcased its transformative solutions to Ian Sollom MP when he visited its main headquarters last Friday. Coordinated by UK Private Capital, the MP met with the Nyobolt team to learn how the business has been supported through its growth journey by capital investment and expertise from IQ Capital.

Nyobolt is a Cambridge-based scale-up that builds ultra-fast charging, high power, and long cycle-life batteries to power the energy transition. Nyobolt’s solutions work across industries such as AI data centres, autonomous robotics, humanoids, commercial and passenger EVs. In January 2026, Nyobolt was named in the Sunday Times 100 Tech companies, which rank Britain’s private tech companies on the growth in their annual revenues, averaged over three years.  

IQ Capital a leading European DeepTech venture capital firm headquartered in London. The firm first invested in Nyobolt in 2021, providing key scale up capital to support Nyobolt in its growth journey and allow it to become the backbone of critical AI infrastructure.

UK Private Capital research shows that private equity and venture capital backed businesses headquartered in the East of England supported 194,000 jobs. In 2024 alone, private capital invested £4.7bn into the region. 
 

Commenting on the visit, Ian Sollom, MP for St Neots and Mid Cambridgeshire, said:

“I enjoyed a fascinating visit to Nyobolt - a shining example of the world-class innovation that defines the Cambridge ecosystem. Its breakthroughs in high-power, fast-charging battery technology show exactly what can be achieved when cutting-edge research and entrepreneurial ambition combine with the drive to advance our low-carbon energy transition. As someone passionate about strengthening the UK’s skills pipeline, universities, and spin-out ecosystem, it is genuinely inspiring to see a local company developing technology that will more sustainably power the industries of the future.

“I’m grateful to IQ Capital for arranging the visit and for the role it has played in supporting Nyobolt’s growth - a good example of how the right investment partnership can help turn world-class research into real-world impact.”
 

Sai Shivareddy, CEO & Co-founder of Nyobolt, said:

"It was a pleasure to welcome Ian Sollom MP to our Cambridge headquarters and showcase what world-class deep-tech innovation looks like in practice. Nyobolt is a product of this ecosystem — the scientific talent, the collaborative spirit, and the expert scale-up capital from firms like IQ Capital have been central to our growth journey. Cambridge has given us the foundation to build battery technology that is redefining what's possible for AI data centres, autonomous robotics and electric vehicles, and we're just getting started."
 

Michael Moore, UK Private Capital Chief Executive said:

“Nyobolt is a great example of a truly innovative business that has harnessed the support of private capital, taking advantage of the AI revolution and positioning itself for growth.

“Private capital is a partner for economic growth, supporting thousands of jobs in Cambridge and across the UK. Our industry backs the most innovative businesses supporting local economies in every nation and region.” 

Notes to Editors:

For further information, please contact:  

UK Private Capital Press Office 
Email: [email protected]
 

Background: 

About UK Private Capital

UK Private Capital is the industry body and public policy advocate for the private equity (PE), venture capital (VC) and private credit ecosystem in the UK. With a membership of 600 firms, we represent UK-based private capital firms, as well as their professional advisers and a large base of UK and global investors. The private equity, venture capital and private credit industry has a vital role to play in driving national and regional growth. Currently over 13,000 companies, employing more than 2.5 million people, are backed by private capital investment in the UK.  

About Nyobolt

Nyobolt is a pioneer in high-power, fast-charging energy solutions that deliver mission-critical uptime for power-demanding industries. Founded in 2019, the company is leading the Instant Power revolution by combining proprietary anode materials, advanced battery cell design, and integrated power electronics to unlock ultrafast charging, exceptional power density, and extended lifecycle.

With a robust patent portfolio and a global footprint, Nyobolt unlocks next-gen battery performance across AI data centres, warehouse robotic automation, and mobility applications. Its solutions reduce total cost of ownership while meeting the performance and reliability demands of an always-on world.

For further information, please visit www.nyobolt.com.