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Nyobolt secures funding to accelerate fast-charging robot deployment

Nyobolt secures funding to accelerate fast-charging robot deployment

May 13, 2026
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Nyobolt raises funding to bring fast charging to more robots

Nyobolt is replacing the capacitors in Symbotic's systems with its own high-efficiency batteries. Source: Nyobolt

As fleets of mobile robots expand, their energy requirements are surpassing the capabilities of conventional battery technology. This week, Nyobolt announced it has secured $60 million in funding to accelerate its development pipeline. Valued at over $1 billion, the company stated it is delivering its high-performance power systems to the autonomous machines that need them most.

This funding round follows a period of rapid commercial growth. Nyobolt reported a fivefold year-on-year increase in revenue, reflecting sharply rising demand across physical AI applications and AI data center infrastructure.

“Nyobolt is powering the always-on, always-moving infrastructure that physical AI demands,” said Sai Shivareddy, co-founder and CEO. “Large-scale deployments of autonomous systems cannot tolerate downtime, lengthy battery swaps, or power instability. Our technology delivers a powerful combination: superior performance, exceptional durability, and more sustainable operation, enabling a new generation of machines to work harder and smarter.”

The Cambridge, U.K.-based company explained that its fast-charging battery technology is designed to support autonomous mobile robots (AMRs) as they operate everywhere from factory floors and warehouses to hospitals and city streets, where uninterrupted operation is critical and performance cannot be compromised.

Symbotic, a leader in AI-powered robotics for the supply chain, led this investment round in the Cambridge-based company. The round also included participation from IQ Capital, Latitude (Phoenix Court), Scania Invest, and CBMM.

Editor’s note: Teddy Ort, senior vice president of robotics software and AI at Symbotic, will speak in a session titled “Beyond the Demo: An Under-the-Hood Look at Scaling Autonomous Robots” at the 2026 Robotics Summit & Expo this month in Boston. Register now to attend.

Nyobolt Highlights Performance Gains

Nyobolt stated that its commercial success extends to some of the world's most advanced robotics deployments.

For Symbotic's SymBot AMRs, Nyobolt's battery delivers six times the energy capacity of the previously used ultracapacitors and is 40% lighter. It also achieves at least ten times the cycle life of traditional lithium-ion technology, enabling continuous, high-intensity 24/7 operations across Symbotic's warehouse networks.

“We're proud to partner with Nyobolt and invest in the next phase of their growth,” said Bill Boyd, chief strategy officer at Symbotic. “Nyobolt's proven technology is key to enhancing uptime and efficiency for our customers, and we're excited about the broad market potential for a new instant-power infrastructure across multiple applications.”

Batteries Engineered for Physical AI

Nyobolt noted that the rise of physical AI, robots, AMRs, industrial automation, and AI-driven machinery is creating a pressing energy challenge.

Unlike data center workloads, physical AI systems function in dynamic, unpredictable environments, placing extreme and variable demands on their power sources. The company stated that traditional battery technology was not designed for these conditions.

Nyobolt claims its proprietary technology stack addresses the core limitations hindering today's autonomous systems. It enables the always-on performance required by the next generation of physical AI applications.

Furthermore, Nyobolt is expanding its operations into India, having signed a memorandum of understanding with the state of Rajasthan to deploy over 100MW of off-grid AI data centers and power management infrastructure. This partnership is the first step in what Nyobolt expects to be a broader presence across multiple Indian states, with a focus on integrating renewable energy and grid-independent storage.

Nyobolt is also extending its commercial reach to other robotics companies and applications. This includes working with a leading developer to improve the work-to-charge ratio for its humanoid robots.

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