Teserac

Teserac

AI-driven platform for EV battery design

Overview

Chemix.ai uses artificial intelligence to transform EV battery design by offering an AI-powered platform as a service to battery manufacturers. The platform is trained on a large dataset to predict how design changes affect performance, and it automates the battery development process. It evaluates metrics such as cycle life, heat generation, rate capability, and safety across diverse use cases, streamlining design and testing to create higher-performing, more sustainable batteries. Its approach differentiates it from competitors by delivering data-driven, end-to-end design automation tailored specifically to the battery industry, backed by expert leadership and industry advisors. The company’s goal is to speed up and improve the design process to produce safer, longer-lasting, and more efficient EV batteries.

About Teserac

Simplify's Rating
Why Teserac is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Automotive & Transportation

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$37M

Headquarters

Sunnyvale, California

Founded

2021

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Simplify's Take

What believers are saying

  • Teserac’s website and LinkedIn updated in 2026 show active product and go-to-market motion.
  • 2026 data-center electricity demand jumps 26%, expanding urgency for power observability.
  • KDDI Open Innovation Fund listed Teserac in 2026, signaling strategic validation and access.

What critics are saying

  • Incumbents like Schneider Electric and Vertiv already own enterprise power workflows and channels.
  • If Neuron misses integration depth across DCIM, BMS, and EPMS, deployments stall in 2026.
  • A single reliability failure in mission-critical facilities destroys trust and kills expansion.

What makes Teserac unique

  • Teserac’s Neuron™ unifies observability, workflows, and automation for data-center power operations.
  • Neuron Connect™ auto-discovers devices, reducing custom scripting and professional-services dependence.
  • It targets mission-critical AI data centers, where uptime and safety trump generic monitoring.

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Funding

Total Funding

$37M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Teserac
$30M
Kalshi

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

5%
Bloomberg
Apr 24th, 2024
Artificial Intelligence Offers an Opportunity to Improve EV Batteries

Chemix, an AI-powered EV battery developer, has completed a $20 million Series A funding round, led by Ibex Investors.

VCNewsDaily
Apr 24th, 2024
Chemix Secures $20M Series A Funding

Chemix, a company specializing in next-generation EV batteries, has successfully raised $20 million in a Series A funding round. The investment was led by Ibex Investors and saw participation from Mayfield Fund, Berkeley SkyDeck, Urban Innovation Fund, BNP Paribas SIVF, Global Brain's KDDI CVC, and Porsche Ventures.

TechCrunch
May 2nd, 2023
The era of software-defined battery startups is here

The battery industry is on the cusp of a radical change, and a $10M seed round raised by Chemix shows why.

TechCrunch
May 2nd, 2023
The Era Of Software-Defined Battery Startups Is Here

“Batteries are hard,” an expert once said.He wasn’t kidding. Designing and manufacturing pouches, slabs or cylinders filled with volatile chemicals that are capable of recharging ever more quickly is far from easy. Just ask LG, which had to pay GM nearly $2 billion for a costly manufacturing defect that saw every Chevy Bolt recalled.It gets even harder when you consider the realm of possibilities. There’s a range of materials that can store electrons and tweaking their amounts only expands the number of combinations.“Whenever you have a new battery that needs to be designed, there’s a huge design space, almost limitless design space,” Kaixiang Lin, co-founder and CEO of Chemix, told TechCrunch+.Years ago, new battery types were discovered by chemists laboring away at benches, testing different combinations. They were guided by an in-depth understanding of electrochemistry, decades of previous research and a hefty amount of intuition. They made great strides relying on that combination

Benzinga
May 2nd, 2023
Chemix Brings Transformative Ai Technologies To Ev Battery Industry, Launching The First Ai-Designed Battery In 2023

Chemix has developed MIX™, a battery-specific AI-powered design platform, to accelerate its electric vehicle (EV) battery development process by 10x over conventional approaches.Trained on Chemix's proprietary high-quality and high-diversity datasets, MIX leverages the world's most advanced AI algorithms, demonstrating record model performance metrics.With MIX, Chemix has developed a wide variety of high-performance EV battery chemistries, significantly reducing reliance on cobalt and nickel.Founded by advanced battery development and AI/ML experts from Harvard, Stanford, and UC Berkeley, the company has raised $10M+ in early-stage funding led by Mayfield Fund, Radical Ventures, and Ibex Investors to scale operations.Sunnyvale, CA — (May 2, 2023 ) — Chemix, the startup leveraging AI to rapidly build high-performance and environmentally sustainable EV batteries, today unveiled MIX™, its AI-powered design platform specifically developed to accelerate the commercialization of next-generation EV batteries. By leveraging MIX, Chemix is poised to revolutionize the decades-old EV battery industry, similar to how AI has transformed drug discovery by accelerating pharmaceutical research and development. This will enable the pace of battery innovation to finally catch up with the ever-growing demand for better-performing, safer, and more sustainable EV batteries.A battery is to an electric vehicle what a processor is to a computer – a critical technical component determining the entire system's performance. Despite this central importance, the approach researchers have used to develop new battery materials and systems has remained largely unchanged for decades – until now. As opposed to the conventional method that relies on time- and labor-intensive processes for battery development and testing, Chemix adopts a revolutionary AI-based approach. This accelerates the discovery of the best battery materials, formulations, and recipes by leveraging large proprietary experimental datasets and cutting-edge proprietary algorithms

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