Next-Gen Battery Startup Sila Raises $300M to Expand Manufacturing Plant in Washington State
The funding will help Sila expand production more than 100-fold as it ships sample anode material to customers, the company said.
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Battery Startup Raises $300 Million Promising 20% More EV Range
Battery startup Sila says its silicon-rich anodes could deliver 20% more range as it scales U.S. production for Mercedes, Panasonic and other automakers.
Sila raises $300M to fast-track gigascale anode production and shore up US battery supply chains
Sila, the battery materials company formerly known as Sila Nanotechnologies, has raised $300 million in a private equity round led by Atreides Management and Sutter Hill Ventures to expand its silicon anode manufacturing plant in Moses Lake, Washington. 8VC, Bessemer Venture Partners, Matrix Partners, and T Rowe Price also participated, alongside existing investors including In-Q-Tel, […] This story continues at The Next Web
Next-gen battery startup Sila raises $300M to expand manufacturing plant in Washington state
Sila, a startup producing next-generation battery materials, on Tuesday announced $300 million from investors, which will help fund the expansion of its Moses Lake, Wash., manufacturing plant.
Battery tech company Sila raises $300 million as it readies Moses Lake plant for production
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