Sila Nanotechnologies

Sila Nanotechnologies is an engineered materials company focused on dramatically improving energy storage.

Sila Nanotechnologies enables higher energy density batteries for smaller, lighter, longer-lasting wearables & portable electronics, mass adoption of electric vehicles, and practical use of renewable energy.

Sila Nanotechnologies was founded in 2011 and is based in Alameda, California.

Sila Nanotechnologies has developed a silicon-based anode to replace graphite in lithium-ion batteries. The company claims that its materials can improve the energy density of batteries by 20 percent. 

Sila Nanotechnologies allows you to test in cells today, significantly increase the energy density of lithium-ion batteries. Their materials are manufacturable economically at scale, and are drop-in replaceme.

 

Sila is backed by top tier investors and companies including Bessemer Venture Partners, Matrix Partners, Daimler, Sutter Hill Ventures, & In-Q-Tel among others. The company raised $170M in it's latest funding of a "Series E" round on Apr 16, 2019. This brings company's total funding to $240M to date. Sila was valued at more than $1B during their latest fundraising event. 

 

 

  • Year founded: 2011
  • Funding Info: $240M in 5 Funding Rounds (Last Funding Type: Series E)
  • Yearly Revenue: $20M-$50M (2018)
  • Employee Size: 51-200
  • Business Valuation: Valued at $1B+ as of April 16, 2019
  • City/Town: Alameda
  • State: California
  • Country: United States
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