Amprius Technologies was founded in 2008 by Yi Cui and Mark Platshon. In May 2022, the company announced plans to go public through a SPAC merger with Kensington Capital Acquisition Corp. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Amprius is the manufacturer of 100% Silicon Nanowire Batteries, a high performance variant of current lithium-ion designs. In February 2022, the company shipped its first batch of high-density 450Wh/kg batteries — for reference, Tesla's Model 3 cells hold 260 Wh/kg. Amprius has raised more than $50 million in venture capital funding from investors including Bossanova, VantagePoint Capital Partners, Trident Capital, SAIF Partners, IPV Capital, Kleiner Perkins, and Chinergy Capital. Amprius and Kensington Capital Acquisition Corp. predict that the company will be valued at $1.3 billion when the SPAC merger is finalized.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/15/2021 | Series E-2 | $50MM | $xx.xx | $651.81MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,938,308
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
03/15/2019 | Series E-1 | $51.17MM | $xx.xx | $457.82MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
12,179,564
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
03/15/2019 | Series E | $30.12MM | $xx.xx | $457.82MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
7,169,208
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
11/15/2014 | Series D-1 | $16MM | $xx.xx | $144.69MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,394,102
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
01/06/2014 | Series C | $30MM | $xx.xx | $112.14MM | SAIF Partners, Trident Capital, VantagePoint Capital Partners, IPV Capital, Kleiner Perkins, Chinergy Capital, Eric Schmidt, Stanford University | |
Price per Share
$xx.xx
Shares Outstanding
17,313,021
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SAIF Partners, Trident Capital, VantagePoint Capital Partners, IPV Capital, Kleiner Perkins, Chinergy Capital, Eric Schmidt, Stanford University
|
||||||
03/03/2011 | Series B | $25MM | $xx.xx | $56.46MM | Eric Schmidt, Kleiner Perkins | |
Price per Share
$xx.xx
Shares Outstanding
18,433,859
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Eric Schmidt, Kleiner Perkins
|
||||||
05/30/2008 | Series A | $5.9MM | $xx.xx | $10.73MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
12,789,218
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|