Seattle-area startup Group14 raises $169M, plans battery materials factory in Spain
6 Articles
6 Articles
Seattle-area startup Group14 raises $169M, plans battery materials factory in Spain
Group14 has raised $169 million and plans to build a battery materials factory in Spain as it expands beyond Washington and South Korea. Meanwhile, the Seattle-area startup now expects to bring the first module of its delayed Moses Lake factory online in mid-2027.
US-based silicon battery material manufacturer Group14 has received €150 million from an unnamed investor. The company will build a plant in Spain with an initial capacity of 10 GWh, bringing its total capacity to 40 GWh. The article "Group14 receives €150 million, to produce silicon battery materials in Spain" first appeared on TechInside.
Group14 captures 150 million and will build in Sagunto a 10 GWh silicon anode factory, its first large European industrial plant
Group14 Technologies Raises €150 Million to Expand Battery Materials Manufacturing in Spain
Group14 Technologies has closed a €150 million (approximately $169 million) extension of its Series D equity financing round, securing additional... The post Group14 Technologies Raises €150 Million to Expand Battery Materials Manufacturing in Spain appeared first on citybiz.
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