Group14 Technologies Secures $300M Funding for Global Expansion in Silicon Battery Technology

Group14 Technologies, the leading commercial manufacturer of advanced silicon battery technology, has successfully raised $300 million in funding. The company, which works with customers representing 95% of worldwide battery production, is headquartered in Woodinville, WA, with a joint venture in South Korea and plans for new factories globally. The funding will be used to scale up production of their Battery Active Material (BAM) and facilitate the global demand for silicon battery materials. Group14's innovative technology aims to power a future where everything that can run on rechargeable batteries, does, marking a significant step towards a more sustainable and energy-efficient world.