Nationwide Ventures backs EVident Battery

Westford, MA-based EVident Battery raised $3.2 million in seed funding led by Ibex Investors, with participation from Nationwide Ventures , Automotive Ventures, Avesta Fund, and angel investors.

Founded in 2023, the company develops rapid, non-destructive EV battery pack inspection technology. Its AI-powered solution provides structural diagnostics in under two minutes, aiming to reduce costly battery replacements and improve transparency in EV battery health.

The funds will be used to advance product development, expand its team, and support pilot deployments.