What is Group14?
Founded in 2015 and headquartered in Seattle, Washington, Group14 Technologies specializes in the development and manufacturing of advanced silicon-carbon composite materials. By replacing traditional graphite anodes with its high-performance alternatives, the company addresses the fundamental limitations of current lithium-ion battery architectures. Group14 operates at the intersection of materials science and clean energy, positioning itself as a vital supplier for automotive OEMs and battery manufacturers seeking to accelerate the transition to electric transportation. The company's market position is bolstered by a robust intellectual property portfolio and strategic partnerships with global industrial leaders.
How much funding has Group14 raised?
Group14 has raised a total of $1.2B across 7 funding rounds:
Series A
$18M
Other Financing Round
$18M
Debt
$150K
Series B
$17M
Grant
$100M
Series C
$614M
Series D
$463M
Series A (2019): $18M with participation from Amperex Technologies, Showa Denko, Cabot Corporation, OVP Venture Partners, and BASF Venture Capital
Other Financing Round (2019): $18M led by BASF Venture Capital, OVP Venture Partners, Amperex Technologies Limited, Showa Denko, and Cabot Corporation
Debt (2020): $150K supported by PPP
Series B (2020): $17M featuring OVP Venture Partners and SK Materials
Grant (2022): $100M backed by U.S. Department of Energy
Series C (2022): $614M with participation from Porsche, OMERS, Microsoft’s Climate Innovation Fund, Moore Strategic Ventures, and Lightrock Climate Impact Fund
Series D (2025): $463M led by OMERS, Microsoft, SK, Porsche Automotive Investment Gmbh, China Branches, ATL Technology, and Lightrock
Key Investors in Group14
OMERS
OMERS is a prominent pension plan provider that manages retirement benefits for its members, leveraging its significant asset base to support long-term, sustainable growth in the technology and energy sectors.
Microsoft
Microsoft Corp. is a global technology leader that provides software, hardware, and cloud services, frequently investing in climate-focused innovations through its dedicated sustainability initiatives.
SK Group
SK Group is a major South Korean conglomerate with extensive operations in energy, advanced materials, and electric vehicle battery manufacturing, serving as a strategic partner for industrial innovation.
What's next for Group14?
With this latest infusion of capital, Group14 is well-positioned to scale its manufacturing capacity and accelerate the commercial deployment of its battery materials. The company's strategic roadmap focuses on deepening its integration within the global EV ecosystem, leveraging its recent funding to optimize production efficiency and meet the surging demand for high-performance energy storage. As the industry shifts toward more sustainable and efficient power solutions, Group14's ability to deliver scalable, drop-in ready materials will be a key determinant of its long-term growth trajectory and competitive advantage in the energy sector.
See full Group14 company page
