Sila Nanotechnologies’ half a billion dollar raise puts anodes at the centre of battery and EV dialogue

Sila Nanotechnologies (Sila Nano) – a Silicon Valley-based company developing silicon anode technology - announced this week that it has raised an additional $590 million in funding, valuing the advanced battery materials company at $3.3 billion.

Benchmark Mineral Intelligence understands that this is the biggest fundraising achievement for the battery supply chain - from mine to cathode and anodes - in a single raise ever.

The latest investment boosts prospects of new anode technology commercialisation and further cements Silicon Valley at the heart of these developments.

Sila Nano announced that it will use the funds to begin development of a North American . . .

Login to continue reading!

This article is restricted to Benchmark Membership subscribers.


Not subscribed yet?

To subscribe or to find out more about Benchmark Membership click here or fill in the form below and a member of our team will be in touch with you as soon as possible.