Group14 Technologies Secures $17 Million Series B to Scale Production of Lithium-Silicon Battery Technology

January 11 (2021

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, has secured $17 million in Series B funding led by SK materials, one of the world's top manufacturers of special gases and industrial gases, with participation from returning investor OVP Venture Partners. Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

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