Group14 (Not specified in the memo)
Funding Details
Awarder
RSS - climateinsider.com
Date Award
July 10, 2024
Vertical
Battery Materials
Funding Amount
$300,000,000
Company Info
Traction
Not specified in the memo
Organizations Involved
Not specified in the memo
Founders
Not specified in the memo
Market
Electric Vehicles, Aviation, E-mobility
Location
Woodinville, Washington, US
Coinvestors
Not specified in the memo
Company Description

Group14 Technologies is a next-generation battery materials manufacturer specializing in silicon anode products. Their silicon anode product, SCC55, is designed to enhance the performance of battery cells for electric vehicles, aviation, and e-mobility applications. Group14 has a strategic partnership with German battery cell company CustomCells, with CustomCells planning to integrate SCC55 into their battery cells to improve performance. Group14 is expanding its manufacturing capabilities with a new facility in Moses Lake, Washington, and operates a joint factory with SK in South Korea.

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