June 28, 2024

As battery startups fail, Sila snaps up $375M in new funding

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As battery startups fail, Sila snaps up $375M in new funding

Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz and Panasonic by the end of 2025. Sila, formerly known as Sila Nanotechnologies, is slated to finish construction of its Moses Lake, Washington plant in […]

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Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz and Panasonic by the end of 2025. Sila, formerly known as Sila Nanotechnologies, is slated to finish construction of its Moses Lake, Washington plant in […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Rebecca Bellanhttps://techcrunch.com/feed/TechCrunchhttps://techcrunch.com/2024/06/27/as-battery-startups-fail-sila-snaps-up-375m-in-new-funding/

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