logo
logo

Sila Nanotechnologies announced it raised $374 Million in an initial filing from an offering of $500 Million

Jul 11, 2024about 1 year ago

Amount Raised

$374 Million

AlamedaManufacturing

Company Information

Company

Sila Inc.

Location

920 SW 6TH AVENUE

Alameda, California, United States

About

Sila is a next-generation battery materials company with the mission to power the world’s transition to clean energy. Sila shipped the world’s first commercially available silicon anode for lithium-ion batteries in 2021, and has since enabled battery performance enhancements in millions of consumer electronics devices. Sila’s Titan Silicon will power electric vehicles, including EVs from Mercedes-Benz and will be used within Panasonic Energy’s next-generation lithium-ion batteries. Committed to American leadership in clean energy production, Sila is scaling its technology at its manufacturing facility in Moses Lake, Washington. Major financial investors include 8VC, Bessemer Venture Partners, Canada Pension Plan Investment Board, Coatue, Matrix Partners, Sutter Hill Ventures, and funds and accounts advised by T. Rowe Price Associates, Inc.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech