Group14 Technologies (Deal)
Funding Details
- Awarder
- RSS - climateinsider.com
- Date Award
- July 09, 2024
- Vertical
- Batteries
- Funding URL
- View Funding Page
- Funding Amount:
- $300,000,000
Company Info
- Founding Year
- 2015
- Organizations Involved
- CustomCells
- Founders
- Rick (Eric) Luebbe
- Company Description
- Group14 Technologies, led by Rick (Eric) Luebbe, has secured a $300 million deal with German battery cell company CustomCells to supply its silicon anode product, SCC55, which will be used to enhance the performance of CustomCells’ battery cells for electric vehicles, aviation, and e-mobility.
- Market
- Electric Vehicles, Aviation, E-Mobility
- Location
- Seattle, WA, US
- Coinvestors
- CustomCells