SES is a manufacturer and developer of Hybrid Li-Metal Batteries for electric vehicles.
SolidEnergy manufactures rechargeable cells at a pilot scale for prototype demonstration and specialized aerospace markets.
But their real future lies in the materials they supply—anodes and electrolyte—for mainstream markets such as consumer electronics and electric vehicles. They supply these to large Li-ion cell manufacturers to be integrated with a separator and cathode into full cells which can be customized for different applications including drones, consumer electronics, and electric vehicles.
Because their anode and electrolyte materials are compatible with existing Li-ion cell manufacturing processes, they can achieve scalability by using existing infrastructure. This eliminates the need for costly infrastructure investment. It’s all part of their open ecosystem. It means a more seamless end-user experience, faster prototyping, and no limits to growth.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 4, 2022 | Post-IPO Equity | $275M | 16 | Honda Motor | — | Detail |
Feb 4, 2022 | IPO | $476M | — | — | — | Detail |
Jul 5, 2021 | Corporate Round | $100M | 1 | Hyundai Motor Company | — | Detail |
Apr 19, 2021 | Series D | $139M | 6 | General Motors | — | Detail |
Nov 6, 2018 | Series C | $28.87M | 1 | SK Holdings | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Honda Motor | Yes | Post-IPO Equity |
SK Holdings | Yes | Series C |
Applied Materials | — | Post-IPO Equity |
Fidelity Canada | — | Post-IPO Equity |
Foxconn | — | Post-IPO Equity |
Franklin Templeton Investments | — | Post-IPO Equity |
Geely | — | Post-IPO Equity |
General Motors | — | Post-IPO Equity |
Hyundai Motor Company | — | Post-IPO Equity |
Kia Motors | — | Post-IPO Equity |