Forge Investment Outlook Q4 2024
group14.technologyEnergy / Energy StorageFounded: 2015Funding to Date: $436.24MM
Group14 Technologies manufactures silicon-carbon technology intended for lithium-silicon batteries. Founded to enable the coming electrification of everything, Group14's technology for silicon batteries elevates the performance for all applications to accelerate the global transition to an all-electric future. The company's battery materials bring new levels of energy performance to lithium-ion-powered devices and vehicles, enabling users to have substantially higher lithium capacity in batteries while maintaining a high cycle life and safety.
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 05/04/2022 | Series C | $400MM | $xx.xx | $2.89B | Porsche AG, OMERS Capital Markets, Decarbonization Partners, Riverstone Holdings, Vsquared Ventures, Moore Strategic Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
15,698,958
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
Porsche AG, OMERS Capital Markets, Decarbonization Partners, Riverstone Holdings, Vsquared Ventures, Moore Strategic Ventures
|
||||||
| 12/21/2020 | Series B | $17.04MM | $xx.xx | $154.09MM | SK materials, OVP Venture Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
9,952,701
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SK materials, OVP Venture Partners
|
||||||
| 11/21/2019 | Series A | $19.19MM | $xx.xx | $47.99MM | Amperex Technologies Limited, Showa Denko, Cabot Corporation, BASF Venture Capital, OVP Venture Partners | |
|
Price per Share
$xx.xx
Shares Outstanding
30,535,491
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Amperex Technologies Limited, Showa Denko, Cabot Corporation, BASF Venture Capital, OVP Venture Partners
|
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To invest in a private company like Group14 Technologies through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)
If you hold private company shares of Group14 Technologies – whether as an employee or an early investor – Forge can help you sell them.
As sales of electric vehicles rise across the world, startups that produce the battery components that power these vehicles may stand to benefit. Two of these companies, Redwood Materials and Group14 Technologies, have made headlines in the past week tied to their expansion efforts.
