Sila Nanotechnologies secures $590M
January 27, 2021- Share:
Battery materials company Sila Nanotechnologies has raised $590 million at a $3.3 billion valuation. The Series F round was led by Coatue, with T. Rowe Price, 8VC, Bessemer Venture Partners, Canada Pension Plan Investment Board and Sutter Hill Ventures also participating. Alameda, Calif.-based Sila partners with automakers BMW and Daimler, and plans to start production of its silicon-based anodes in 2024.
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