Posts Tagged: Sila Nanotechnologies

Mercedes to use Sila’s silicon anode chemistry in forthcoming electric G-Class

Mercedes-Benz has announced that it will use Sila’s silicon anode chemistry in EV batteries that will be optional in its upcoming electric G-Class SUV. The company says the batteries will be produced with 100% renewable energy and will be available at mid-decade. Mercedes-Benz says, “Compared to today’s commercially available cells with a comparable format, Sila’s… Read more »

Sila’s Washington anode material plant to begin production in 2024

Battery materials maker Sila Nanotechnologies will open an anode material plant in Moses Lake, Washington. The company claims its anode material boosts the energy density of lithium-ion batteries by 20%. The 600,000-square-foot hydro-powered facility will begin producing silicon-based anode material in the second half of 2024, and full production is scheduled for the first half… Read more »

Sila Nanotechnologies raises $590 million in funding

Sila Nanotechnologies, a maker of battery materials, announced that it raised $590 million in Series F funding at a $3.3 billion post-money valuation. The new funding comes as the first Sila Nano-powered batteries prepare to ship in consumer devices and the company scales up production.  Sila Nano will use the funds to develop a new… Read more »

Sila Nano raises $70 million in funding for silicon-dominant battery anodes

Battery specialist Sila Nanotechnologies has received $70 million in Series D funding from Sutter Hill Ventures, Next47 (backed by Siemens), and Amperex. Sila Nano will use the funding for the development and commercialization of its silicon-dominant anodes. Overall, Sila has raised $125 million from investors including Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Samsung, and… Read more »