Group14 Technologies, a leading innovator in advanced silicon battery materials, has successfully closed a $463 million Series D funding round. The investment was led by SK Inc., with participation from Porsche Investments and the Microsoft Climate Innovation Fund. This funding underscores the growing confidence in Group14’s proprietary silicon anode technology, SCC55®, which offers higher power capacity and faster charging compared to traditional graphite anodes.
The capital infusion will enable Group14 to expand its manufacturing capabilities, including the construction of a new silane factory in Moses Lake, Washington. This facility is expected to produce 7,200 metric tons of silane gas annually, a critical raw material for next-generation silicon batteries. The project is anticipated to create over 300 construction jobs and retain 150 employees for operations, contributing to the strengthening of the U.S. battery supply chain.
Group14’s advancements in AI-driven battery materials are poised to play a pivotal role in the evolution of electric vehicles and energy storage systems, addressing key challenges such as performance, scalability, and supply chain resilience.
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