Henry Sanderson, Financial Times US battery start-up Sila Nanotechnologies, which has a partnership with BMW, has raised $70m in funding from investors including Siemens’ venture firm Next47 and Japan’s ATL. The funding round was led by Sutter Hill Ventures and brings the total raised by the California- based company to $125m. Sila has developed a […]
Alex Knapp, Forbes Sila Nanotechnologies has all the trappings of a typical Bay Area startup: An open floor plan, conference rooms named for Atari games, healthy snacks in the kitchen. Two Portuguese water dogs, Ångström and Lumen, rule the boss’s office. Walk through the entrance and open the door, however, and you won’t find racks […]
Khari Johnson, VentureBeat Sila Nanotechnologies today announced the closure of a $70 million funding round for its silicon-based lithium-ion batteries that power electric vehicles and consumer tech products. Established in 2011, Sila Nano operated in stealth until earlier this year and plans to bring its first batteries to market by the end of 2018. Read full article […]
Akshat Rathi, Quartz Lithium-ion batteries are the workhorses of modern life. The batteries pack enough energy to power our smartphones and electric cars. But smartphones still die after less than a full day of use and electric cars give people “range anxiety” because, even fully charged, they can’t travel as far as a gasoline-powered car on […]
James Temple, MIT Technology Review The startup’s announcement adds to more than $1.5 billion that’s poured into the energy storage sector so far this year—roughly triple the total from the same period last year—as investors rush to lay bets on technologies that could deliver longer-lasting gadgets, cheaper electric vehicles, and cleaner power grids. Read the full article […]
ALAMEDA, CA, August 16, 2018 — Sila Nanotechnologies (“Sila Nano”), developing and manufacturing materials that set a new standard for batteries, today announced it has raised $70 Million in Series D funding, led by Sutter Hill Ventures. Additional new investors include Next47, the Siemens-backed global venture firm, and Amperex Technology Limited (ATL). Since 2011, Sila […]