How Much Did Silatronix Raise?
Funding & Key Investors

Silatronix, a battery technology incubator established in 2007, has secured significant capital, with its total funding reaching $14.4M. The company recently received a major strategic investment amounting to $368K, underscoring its continued relevance in the advanced battery materials sector. This recent financing round follows a series of funding activities, reflecting a sustained interest in its proprietary electrolyte technologies.

What is Silatronix?

Silatronix
Business ServicesResearch & DevelopmentChemicals & Related Products

Silatronix, originally founded by researchers from the University of Wisconsin, specialized in developing breakthrough solutions and electrolyte technologies for lithium-ion batteries. With support from entities like the Department of Energy and the Office of Naval Research, the company built a reputation for enhancing battery safety and performance through innovations such as its unique fluorosilane additive, OS3®. Although acquired by Orbia in November 2007, the historical funding data indicates a trajectory focused on advancing battery chemistry for diverse applications.

How much funding has Silatronix raised?

Silatronix has raised a total of $14.4M across 5 funding rounds:

2013

Private Equity

$3.7M

2016

Private Equity

$2M

Private Equity

$8M

2020

Debt

$350K

2021

Debt

$368K

Private Equity (2013): $3.7M, investors not publicly disclosed

Private Equity (2016): $2M, investors not publicly disclosed

Private Equity (2016): $8M supported by Hitachi Chemical Co., Ltd and INABATA

Debt (2020): $350K featuring PPP

Debt (2021): $368K backed by PPP

Key Investors in Silatronix

Hitachi Chemical Co., Ltd

Hitachi Chemical, headquartered in Tokyo, Japan, is a global supplier of electronic materials, automobile parts, and energy storage devices. Founded in 1962, the company plays a significant role in various high-tech industries.

INABATA

Inabata, a specialized trading company and part of the Sumitomo Chemical group, focuses on electronic components, housing equipment, chemicals, and plastics. Established in 1918, it has a broad international presence.

What's next for Silatronix?

The substantial capital injections, including the recent major strategic investment, indicate a strong belief in Silatronix's technological potential. While the company's operational history predates its acquisition by Orbia, the continuous flow of funding suggests a strategic focus on scaling and commercializing advanced battery solutions. Future developments would likely center on further refining electrolyte performance, expanding manufacturing capabilities, and integrating these technologies into next-generation energy storage systems, potentially leveraging the resources of its parent company.

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Frequently Asked Questions Regarding Silatronix Financial Insights

What are the most recent funding rounds that Silatronix has completed, and what were the funding rounds?
Silatronix has recently completed 3 funding rounds: Debt on Feb 2, 2021, Debt on Apr 8, 2020, Private Equity on Apr 26, 2016.
What is the total amount of funding Silatronix has raised to date?
Silatronix has raised a total of $14.4M in funding to date.
How many funding rounds has Silatronix completed?
Silatronix has completed 3 funding rounds.
How much funding did Silatronix raise in its most recent funding round?
Silatronix raised $368K in its most recent funding round.
Who are the lead investors in Silatronix's latest funding round?
The lead investor in Silatronix's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Silatronix's history?
The largest funding round in Silatronix's history was $8M.
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