Sila Nanotechnologies Stock $16.42

Forge Price BeaconForge Price 1 updated November 17, 2024

silanano.comEnergy / Energy StorageFounded: 2011Funding to Date: $1.32B

Sila Nano is a developer of battery technology designed to enable lighter, safer, higher energy density lithium-ion batteries for mass adoption of electric vehicles, smarter, longer-lasting portable electronics, and broader use of renewable power sources. The company was founded in Alex Jacobs, Gene Berdichevsky, Gleb Yushin, and Mike Speiser in 2016 and is headquartered in San Francisco, CA.

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Private Market Pricing DetailsValuation & Financings

Sila Nanotechnologies Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/17/2024
Price per Share
$16.42
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Sila Nanotechnologies Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
06/27/2024 Series G $375MM $xx.xx $2.02B Sutter Hill Ventures, T. Rowe Price Associates, Inc., Bessemer Venture Partners, Coatue, Perry Creek Capital
Price per Share
$xx.xx
Shares Outstanding
22,842,398
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sutter Hill Ventures, T. Rowe Price Associates, Inc., Bessemer Venture Partners, Coatue, Perry Creek Capital
01/26/2021 Series F $600MM $xx.xx $3.32B Coatue Management, T. Rowe Price, 8VC, Bessemer Venture Partners, CPPIB, Sutter Hill Ventures
Price per Share
$xx.xx
Shares Outstanding
14,537,418
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Coatue Management, T. Rowe Price, 8VC, Bessemer Venture Partners, CPPIB, Sutter Hill Ventures
11/05/2019 Series E $219.29MM $xx.xx $1.04B Daimler AG, 8VC, Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Siemens Next47, Sutter Hill Ventures, CPPIB
Price per Share
$xx.xx
Shares Outstanding
12,840,119
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Daimler AG, 8VC, Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Siemens Next47, Sutter Hill Ventures, CPPIB
08/16/2018 Series D $69.1MM $xx.xx $319.63MM Sutter Hill Ventures, Next47, Amperex Technology Limited
Price per Share
$xx.xx
Shares Outstanding
10,061,201
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sutter Hill Ventures, Next47, Amperex Technology Limited
06/17/2016 Series C $35.23MM $xx.xx $121.85MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
10,016,189
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
04/29/2014 Series B $15MM $xx.xx $41.67MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
7,500,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
09/13/2011 Series A $5MM $xx.xx $11.11MM Sutter Hill Ventures
Price per Share
$xx.xx
Shares Outstanding
5,000,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sutter Hill Ventures

Sila Nanotechnologies investors also invested in these private companies

Avitas Capital Partners

Leadership & Board

Leadership

Gene Berdichevsky
Co-Founder & Chief Executive Officer
Gleb Yushin Ph.D
Co-Founder & Chief Technology Officer
Alex Jacobs
Co-Founder & Vice President of Engineering
Warren DeSouza
Chief Financial Officer
Steve Driskill JD
General Counsel
Michelle Chang JD
Vice President of Business Operations

Board

Alexander Nediger
Mercedes-Benz Group
Andrew Verhalen
Matrix Partners
Byron Deeter
Bessemer Venture Partners
Michael Speiser
Sutter Hill Ventures

Sila Nanotechnologies stock FAQs

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Can you buy Sila Nanotechnologies stock?

As Sila Nanotechnologies is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Sila Nanotechnologies, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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Can you sell Sila Nanotechnologies stock?

Yes, you may sell the Sila Nanotechnologies stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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Is Sila Nanotechnologies a public company?

No, Sila Nanotechnologies is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Sila Nanotechnologies’ stock price?

Sila Nanotechnologies is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/17/2024 the Sila Nanotechnologies Forge Price is $16.42 per share. The Forge Price is a derived price calculated for private companies like Sila Nanotechnologies to provide insights into their current valuation. Learn more about Forge Price.
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What is Sila Nanotechnologies’ stock ticker symbol?

Sila Nanotechnologies does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Sila Nanotechnologies’ news and media highlights

Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz and Panasonic by the end of 2025. Sila, formerly known as Sila Nanotechnologies, is slated to finish construction of its Moses Lake, Washington plant in the first quarter of next year, where the company will begin mass producing its branded Titan Silicon anode material. The all-equity Series G round — led by existing investors Sutter Hill Ventures with participation from Bessemer Venture Partners, Coatue, Perry Creek Capital and others — comes as other electric vehicle battery companies struggle to get products to market and stay afloat.
One such company, Sila, today said it has signed a deal to supply Panasonic with its Titan Silicon anode material. Production will happen at Sila’s future Moses Lake facility, where the startup recently broke ground. The supply agreement marks a significant milestone for the 13-year-old company, which has raised over $900 million to date, not including a $100 million Department of Energy grant announced in October 2022 that was earmarked for scaling up manufacturing.
We first reported on Sila Nanotechnologies last May when the company announced it was beginning to produce its innovative silicon anode batteries at a factory in Moses Lake, Washington. Now almost a year later, the company says it expects to begin mass production in the second half of 2024 and will manufacture enough batteries to power one million vehicles over the next 5 years.
The upcoming Mercedes EQG will be the first EV to use silicon-based anodes, which will be supplied by California-based battery materials firm Sila Nanotechnologies. The “Titan Silicon” battery material has been in the works for several years and is now finally commercially available, with Mercedes being the first automaker in line to receive it. Sila claims Titan Silicon is the “first market-proven safe, and clean full graphite anode replacement engineered for mass scale to dramatically boost EV performance.” What does this mean, in reality? A range increase of around 20% versus existing battery tech, as well as significantly improved charging speeds.
Updated on: Nov 17, 2024

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