Sila Nanotechnologies Stock

silanano.comEnergy / Energy StorageFounded: 2011Funding to Date: $943.62MM

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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Sila Nanotechnologies investors also invested in these private companies

Mercedes-Benz Group
Samsung Venture Investment

Team

Management Team

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 Members

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

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News Highlights

Sila inks supply deal with Panasonic for its breakthrough battery material
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.
Sila Nano-Composite Silicon Anode Increases Range & Reduces Charging Times
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.
Mercedes EQG To Feature Revolutionary Range-Boosting Battery Technology
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.
Updated on: Feb 25, 2024

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