Group14 secures €150M for Spanish manufacturing expansion
The funding accelerates the BAM-4 plant in Spain and brings total near-term capacity to 40 GWh across Europe, Asia, and North America.
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Silicon battery technology and materials company
group14.technologyLast updated
In short: Group14 raised over $665M and expanded silicon battery material production in Spain and South Korea
The funding accelerates the BAM-4 plant in Spain and brings total near-term capacity to 40 GWh across Europe, Asia, and North America.
This advanced composite offers 50% higher energy density by solving silicon expansion issues, enabling faster charging and longer range for EVs.
Rick Luebbe cites mass IP infringement by Chinese manufacturers and urges federal enforcement alongside funding to protect American energy innovation.
SK led the round; funds scale SCC55 manufacturing globally. Group14 purchased the remaining 75% JV stake, taking full control of the Sangju BAM factory.
Group14 has raised $169 million and plans to build a battery materials factory in Spain as it expands beyond Washington and South Korea. Meanwhile, the...
On October 29, 2026, Group14 Technologies, Inc. closed the transaction. The company amended the terms of the transaction. The company received over $665 million total...
The startup's new BAM-3 facility can make enough silicon anode material annually to supply about 100,000 long-range EVs.
https://youtu.be/FE_FhVsSm10 For decades, silicon batteries were a pipe dream. The product, a cross between a standard lithium battery and a...
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