Sila raised $375M in a Series G round led by Sutter Hill Ventures and T. Rowe Price Associates, Inc. to complete its Moses Lake plant and deliver Titan Silicon™ for auto series production.
Amount Raised
$375 Million
Round Type
Series G
PortlandManufacturingInformation TechnologyInvestors
Description
Sila, a next-generation battery materials company, has raised $375 million in a Series G round to secure the completion of its Moses Lake plant in Q1, 2025, enabling the delivery of its Titan Silicon anode material to auto customers in Q4, 2025. The funding also aims to meet rigorous automotive quality and reliability standards and delivery timelines, with additional expansions planned for the future.
Quick answer
Sila Inc. raised $375 Million in a Series G round, dated June 27, 2024. Investors: T. Rowe Price Associates, Bessemer Venture Partners, Coatue, Perry Creek Capital and Sutter Hill Ventures. Sila Inc. is based in Portland, Oregon, United States.
- How much did Sila Inc. raise?
- Sila Inc. raised $375 Million in a Series G round on June 27, 2024.
- Who invested in Sila Inc?
- T. Rowe Price Associates, Bessemer Venture Partners, Coatue, Perry Creek Capital and Sutter Hill Ventures are named as investors in this round.
- What does Sila Inc. do?
- Sila is a next-generation battery materials company with the mission to power the world’s transition to clean energy.
- Where is Sila Inc. based and how big is it?
- Sila Inc. is based in Portland, Oregon, United States. Fundz records about 370 employees.
- Who are the decision-makers at Sila Inc?
- Fundz holds 2 contacts at Sila Inc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Sila Inc. that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- ADEM Technologies raised $1.3M (Seed) on August 9, 2024.
- Powerdot raised $180M (Debt Financing) on August 9, 2024.
- Xtant Medical Holdings raised $5M on August 9, 2024.
- Planeteers raised an undisclosed amount (Seed) on August 8, 2024.
- VSParticle raised $7.1M (Series A) on August 8, 2024.
Who to call at Sila Inc., and when
A new round usually means Sila Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sila Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sila Inc., from your own LinkedIn network
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