Solid Power is an industry-leading developer of all solid-state rechargeable batteries for electric vehicles and mobile power markets. Founded in 2012 as a spin-out from the University of Colorado Boulder, Solid Power replaces the flammable liquid electrolyte in a conventional lithium-ion battery with a proprietary sulfide solid electrolyte. As a result, Solid Power’s all solid-state batteries are safer and more stable across a broad temperature range, can provide a 50-100% increase in energy density compared to the best available rechargeable batteries, enable cheaper, more energy-dense battery pack designs and are compatible with traditional lithium-ion manufacturing processes. Solid Power has extensive partnerships with both BMW and Ford to jointly develop all solid-state batteries using the company’s Louisville-based megawatt-hour-scale (MWh) production line. In addition to Volta, Solid Power is backed by prominent investors including Samsung, Hyundai, Ford, and Solvay.
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Location: United States, Colorado, Louisville
Total raised: $180M
Investors 3
Funding Rounds 3
Date | Series | Amount | Investors |
29.10.2021 | - | $30M | - |
04.05.2021 | Series B | $130M | - |
12.09.2018 | Series A | $20M | - |
Mentions in press and media 32
Date | Title | Description | Source |
23.01.2024 | Solid Power Announces $50 Million Share Repurchase Authoriza... | - | globenewsw... |
06.12.2022 | Solid Power CEO Douglas Campbell to leave the company | Solid Power, the US solid-state battery specialist backed by Ford and BMW, among others, is looking ... | electrive.... |
06.06.2022 | Solid Power’s pilot production line brings road-tripping sol... | Solid Power, a solid-state battery company, today unveiled a pilot production line for EV-sized cell... | techcrunch... |
06.06.2022 | US battery production enters new era as Solid Power’s pilot ... | Solid Power’s new pilot line is a groundbreaking moment in the march toward solid-state batteries fo... | techcrunch... |
16.12.2021 | Riverstone Energy : Solid Power & DCRC Complete Business... | REL ANNOUNCES CLOSING OF BUSINESS COMBINATION BETWEEN SOLID POWER, INC. AND DECARBONIZATION PLUS ACQ... | marketscre... |
29.10.2021 | Lithium Ion Battery Maker Looks to Tech Start-Up for Future | Lithium ion battery maker SK Innovation is partnering with technology start-up Solid Power on the ne... | barrons.co... |
28.10.2021 | South Korea's SK Innovation to invest $30 million in Solid P... | The South Korean battery maker, which supplies electric car batteries to carmakers including Ford Mo... | marketscre... |
15.10.2021 | Solid Power Unveils High-Content Silicon Cell Safety and Per... | Solid Power, Inc., an industry-leading developer of all-solid-state battery cells for electric vehic... | aithority.... |
01.10.2021 | QuantumScape Competitor Seeks EV Battery Gold in Fool’s Gold... | The future of electric vehicles depends on making batteries cheaper and more efficient, w which is w... | barrons.co... |
16.06.2021 | In private equity, compensation lags for women in senior pos... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
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