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How Much Did Sila Nanotechnologies Raise? Headquarters, Funding & Key Investors

Sila Nanotechnologies has raised $1.31 billion across multiple rounds, including a major $375M Series G in June 2024 backed by Sutter Hill Ventures, Coatue, and Bessemer Venture Partners. Earlier, the company secured $100M+ funding through U.S. federal grants, including support from the DOE and NSF for breakthrough advancements in next-gen lithium-ion battery materials. With a valuation range of $2.48B to $3.41B, strong investor confidence remains high. Sila continues expanding commercial production of its nano-silicon anode materials to power wearables, EVs, and grid-scale energy solutions.

    Sila Nanotechnologies is a next-generation energy materials company developing nano-silicon anodes that dramatically increase the energy density of lithium-ion batteries. Its drop-in replacement material integrates seamlessly into existing battery factories, enabling better performance without changing manufacturing lines.

    The technology supports applications across consumer electronics, EVs, wearables, and renewable energy storage. With deep expertise in chemistry, materials science, and manufacturing scaling, Sila partners with top global battery producers and consumer brands.

    What Is Sila Nanotechnologies and What Does It Do?

    Sila Nanotechnologies, founded in 2011 by Gleb Yushin, Alex Jacobs, and Gene Berdichevsky, is headquartered in Alameda, United States. The company develops nanotech-based lithium-ion battery materials that replace traditional graphite anodes with higher-energy nano-silicon alternatives.

    Its breakthrough material integrates directly into existing battery production lines, offering higher energy density, faster charging, and longer cycle life for EVs, wearables, and renewable storage systems.

    Sila Nanotechnologies employs between 358 people, focusing on large-scale commercialization of high-performance battery materials.

    How Much Funding Has Sila Nanotechnologies Raised?

    1. Series G

    • Amount Raised: $375M
    • Date: June 2024
    • Lead Investors: Sutter Hill Ventures, Bessemer Venture Partners, Coatue, Perry Creek Capital
    • Motivation: To scale commercial production of nano-silicon anodes and expand U.S.-based manufacturing capacity.

    2. Grant (Prize Funding)

    • Amount Raised: $100M
    • Date: October 2023
    • Lead Investors: National Science Foundation
    • Motivation: To support advanced materials research and accelerate innovation in U.S.-based battery technology.

    3. Grant (Prize Funding)

    • Amount Raised: $100M
    • Date: October 2022
    • Lead Investors: U.S. Department of Energy (DOE)
    • Motivation: To support development of domestic battery supply chains and expand green-energy storage solutions.

    Total Funding Raised: $1.31 Billion

    Latest Funding Date: June 2024

    Key Investors

    1. T. Rowe Price

    • Details: A global asset management firm backing high-growth technology and sustainability-focused companies.
    • Investment Focus Areas: Renewable energy, deep tech, electrification.
    • Notable Investments: Tesla, Beyond Meat.

    2. Sutter Hill Ventures

    • Details: A leading venture fund known for scaling transformational technology companies.
    • Investment Focus Areas: Deep tech, materials science, enterprise tech.
    • Notable Investments: Snowflake, Pure Storage.

    3. Bessemer Venture Partners

    • Details: A global VC firm backing category-defining technology companies.
    • Investment Focus Areas: Climate tech, enterprise software, industrial innovation.
    • Notable Investments: Shopify, LinkedIn, Procore.

    4. Coatue Management

    • Details: A technology-focused investment firm with strong bets in frontier science and energy innovation.
    • Investment Focus Areas: Mobility, deep tech, AI, clean energy.
    • Notable Investments: Tesla, Rivian, SpaceX.

    Where Is Sila Nanotechnologies’ Headquarters?

    Sila Nanotechnologies is headquartered in Alameda, California, offering proximity to leading research universities, advanced materials talent, and major EV ecosystem partners, which enables rapid innovation and manufacturing scaling.

    What’s Next for Sila Nanotechnologies?

    Sila is focused on ramping its commercial-scale production facility in Washington to supply nano-silicon anodes for top consumer and EV brands. The company plans to expand OEM partnerships, improve cycle life performance, and commercialize next-generation chemistries designed to enable EV ranges of 500 miles or more. As demand for high-energy battery materials surges globally, Sila is poised to become a cornerstone supplier in the clean energy and electrification economy.

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