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

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