Team S on Newnex: Sila, a battery technology startup based in…

Sila, a battery technology startup based in Alameda, California…

Team S · 2024-07-03T21:30:36.000Z

Sila, a battery technology startup based in Alameda, California, co-founded by Gene Berdichevsky, has secured $375 million in a Series F funding round. The round was led by Coatue and included other investors like Bessemer Venture Partners and Sutter Hill Ventures. This investment will support Sila's efforts to complete its U.S. factory aimed at scaling production of its next-generation silicon anode materials for batteries, which promise higher energy density than current lithium-ion technology. https://techcrunch.com/2024/06/27/as-battery-startups-fail-sila-snaps-up-375m-in-new-funding/

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Team S on Newnex: Sila, a battery technology startup based in…