What Cymbet does

Cymbet Corporation is a privately held U.S. specialty semiconductor components company founded in 2000 and headquartered in Elk River, Minnesota, with a headcount of 11–50 employees. The company manufactures thin-film solid-state lithium-ion batteries (marketed historically under the EnerChip line) targeted at semiconductor, sensor, medical device, and related embedded electronics applications where conventional coin-cell or bulky lithium-ion formats are impractical. Its technology integrates rechargeable energy storage directly onto customer boards or substrates, enabling energy backup and energy harvesting in compact, low-power designs.

The company's business model is a high-ASP, low-volume B2B design-in model: components are qualified into customer reference designs across industrial IoT, wireless sensor networks, medical implants, and consumer electronics, where long design-in and requalification cycles create stickiness once won. Cymbet competes in the solid-state/thin-film lithium-ion battery segment alongside Infinite, Front Edge Technology, STMicroelectronics, and Prologium, a market expected to expand as solid-state battery manufacturing scales. The company has not disclosed pricing, customer concentration, or revenue figures in the available data.

Cymbet has cumulatively raised approximately $80.7M in equity across roughly a dozen disclosed rounds since 2001, with strategic deep-tech investors including Intel Capital, Texas Instruments, Dow, Bekaert, and Perseus participating alongside financial backers. The most recent disclosed financing was a $1.2M tranche in September 2018; no subsequent funding events, acquisitions, leadership changes, or product launches are recorded in the input data, suggesting a maintenance-mode operating posture. Leadership is led by CEO & President Monte Johnson, with co-founder and CTO Mark Jenson and VP Technology & Solutions Jeffrey Sather rounding out the named executive team.

Name

Cymbet

Legal name

Cymbet Corporation

Website

https://cymbet.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Cymbet Corporation is a private U.S. specialty manufacturer of thin-film solid-state lithium-ion batteries serving semiconductor, sensor, medical device, and embedded electronics customers through a high-ASP, low-volume B2B design-in model, competing with Infinite, Front Edge Technology, STMicroelectronics, and Prologium.

Ownership category

akta.pro rank

Product category

Thin-Film Solid-State Battery Components

NAICS

Battery Manufacturing (33591), Battery Manufacturing (335910)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

akta.pro secondary industries

Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA), Battery Management Systems (BMS) & Pack Electronics Manufacturing (EUAFABAJ)

Keywords

• Thin-film lithium-ion batteries
• Solid-state energy storage
• Embedded battery backup
• Semiconductor power solutions
• Rechargeable thin-film cells

Headquarters

HQ city

Elk River

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales

Core offering

Cymbet Corporation designs and manufactures thin-film, solid-state rechargeable lithium-ion batteries and integrated power backup solutions for embedded semiconductor, sensor, medical, RFID, IoT, and real-time-clock applications. The company's products provide on-board energy storage that replaces conventional coin cells, supercapacitors, or external battery modules in compact electronic systems.

Product overview

Cymbet Corporation is a specialized firm in the solid-state/thin-film lithium-ion battery market. The company is positioned among specialized competitors including Infinite, Front Edge Technology, STMicroelectronics, and Prologium, operating in a market expected to grow as solid-state battery technology matures and production scalability improves. No additional product-specific details or named product offerings are available in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Thin-Film Lithium-Ion Batteries Thin-film, solid-state rechargeable lithium-ion batteries manufactured on semiconductor-compatible substrates, providing compact, reflow-solderable energy storage for semiconductor, sensor, medical, RFID, IoT, and real-time-clock backup applications. Sold to OEM and electronics design-in customers.

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Murata Manufacturing: Murata is a global leader in electronic components, including micro-batteries and energy devices. It serves many of the same IoT, sensor, and medical OEMs as Cymbet but as part of a much broader component portfolio, giving it scale and cross-sell advantages against Cymbet's niche offering.
• NGK Insulators: NGK is a large Japanese ceramics/industrial manufacturer that has developed solid-state and specialty battery products. As a broad incumbent with deep resources and industrial customer relationships, it is comparable to Cymbet's specialty-battery, industrial OEM go-to-market.
• STMicroelectronics: STMicroelectronics, a major global semiconductor company, has offered its EnFilm line of solid-state thin-film lithium batteries for energy-harvesting and backup-power applications. It serves as a broad incumbent with deep chip-customer relationships, overlapping with Cymbet's design-win channels in semiconductor and industrial markets.

Direct peers

• Blue Spark Technologies: Blue Spark Technologies produces thin-film printed (carbon zinc) batteries used in RFID, IoT, medical, and sensor applications. It competes with Cymbet for low-power, integrated, printed/form-factor flexible battery sockets targeted at near-identical customer use cases.
• Ilika: Ilika (which acquired Infinite Power Solutions' micro-battery business) manufactures solid-state micro-batteries targeted at IoT, medical implant, and industrial sensor backup-power applications. It is a direct peer to Cymbet in solid-state thin-film battery technology for chip-level backup.
• Front Edge Technology: Front Edge Technology develops thin-film solid-state lithium batteries on flexible substrates, serving micro-power backup applications for medical devices, sensors, and IoT. It is one of the closest direct competitors to Cymbet in thin-film Li-ion chemistry and form factor.
• BrightVolt: BrightVolt designs and manufactures solid-state thin-film lithium-ion batteries for IoT, medical, and sensor backup power. It targets a nearly identical product/customer segment to Cymbet, competing head-to-head on miniaturized rechargeable solid-state cells.

Emerging players

• ProLogium Technology: ProLogium is a well-funded solid-state battery developer primarily focused on EV applications, but it represents the broader solid-state battery wave. Its technology progress and capital scale serve as both a catalyst for and competitive threat to niche solid-state specialists like Cymbet.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/Cymbet
• LinkedInlinkedin.com/company/cymbet-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds12 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cymbet