Group14
Founded Year
2015Stage
Grant - IV | AliveTotal Raised
$786.35MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-17 points in the past 30 days
About Group14
Group14 is a commercial manufacturer in the silicon battery technology sector. The company's main offering is SCC55, a patented silicon-carbon composite that battery performance by faster charging and longer battery life. Group14 primarily serves sectors that require rechargeable batteries, such as electric vehicles, consumer electronics, and aerospace. It was founded in 2015 and is based in Woodinville, Washington.
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ESPs containing Group14
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Battery anode developers are companies that specialize in the research, development, and production of materials used in the anode component of batteries. These materials are crucial in the performance and efficiency of batteries, and battery anode developers work to improve their properties and reduce costs. The market is driven by the increasing demand for batteries in various applications, incl…
Group14 named as Highflier among 15 other companies, including Amprius Technologies, Novonix, and Echion Technologies.
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Research containing Group14
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Group14 in 1 CB Insights research brief, most recently on Dec 7, 2021.
Expert Collections containing Group14
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Group14 is included in 2 Expert Collections, including Energy Storage.
Energy Storage
5,352 items
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Advanced Materials
1,403 items
Companies in the advanced materials space, including polymers, biomaterials, semiconductor materials, and more
Group14 Patents
Group14 has filed 54 patents.
The 3 most popular patent topics include:
- capacitors
- nanomaterials
- carbon forms
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
8/25/2023 | 9/10/2024 | Carbon forms, Capacitors, Nanotechnology, Nanomaterials, Energy conversion | Grant |
Application Date | 8/25/2023 |
---|---|
Grant Date | 9/10/2024 |
Title | |
Related Topics | Carbon forms, Capacitors, Nanotechnology, Nanomaterials, Energy conversion |
Status | Grant |
Latest Group14 News
Sep 23, 2024
Awards $200M to Group14 Technologies Group14 Technologies has been selected by the U.S. Department of Energy (DOE) for an award negotiation of up to $200 million. This funding aims to construct a factory in Washington state that will produce 7,200 metric tons of silane gas annually, a crucial material for silicon battery production. This initiative is part of the Bipartisan Infrastructure Law and seeks to strengthen the U.S. battery supply chain for electric vehicles (EVs) and the electrical grid. The project will also create hundreds of jobs and reduce reliance on foreign sources, primarily from China. Key Highlights: Group14 Technologies was selected for a DOE award negotiation of up to $200 million. This is the second DOE grant for the company, following a $100 million award in 2022. The new factory in Washington state will have an annual production capacity of 7,200 metric tons of silane gas. Silane gas is a critical material for silicon-based batteries, with China being the largest global supplier. The project is expected to create over 300 construction jobs and retain 150 operational jobs. The facility will reduce U.S. dependency on foreign silane gas and support domestic EV battery production. Group14’s existing BAM-1 and upcoming BAM-2 factories will further position the company as a leader in advanced silicon battery materials. Group14 CEO Rick Luebbe emphasized the importance of boosting domestic silane production, stating: “The largest global source of silane today is China, so the supply of silane gas in the U.S. must be increased to secure the U.S. silicon battery industry.” The company aims to reduce dependency on foreign suppliers by setting up this facility, which will directly feed other U.S. battery manufacturers. The project not only supports the nation’s clean energy goals but also addresses a critical supply chain issue. Manufacturing large-scale commercial volumes of silicon battery materials in the U.S. hinges on a stable and domestic source of silane gas. By leveraging its proprietary technology, Group14 will be able to reduce the cost and energy requirements for silane production compared to traditional methods. In addition to its strategic significance for the U.S. battery supply chain, the new facility is expected to generate significant economic benefits. Over 300 jobs will be created during the construction phase, and 150 jobs will be retained for commissioning and operating the plant. Group14 has been expanding its operations globally, with its BAM-1 factory already producing battery materials at a commercial scale since 2021. The upcoming BAM-2 factory in Moses Lake, Washington, is set to become the world’s largest production site for advanced silicon battery materials. When fully operational, it will have an annual capacity of 4,000 tons of silicon battery material, equivalent to 20 GWh of battery production. This award represents a significant step forward in ensuring the U.S. can meet the growing demand for silicon-based batteries, particularly as the nation transitions to more sustainable energy sources and increases electric vehicle adoption.
Group14 Frequently Asked Questions (FAQ)
When was Group14 founded?
Group14 was founded in 2015.
Where is Group14's headquarters?
Group14's headquarters is located at 8502 Maltby Road, Woodinville.
What is Group14's latest funding round?
Group14's latest funding round is Grant - IV.
How much did Group14 raise?
Group14 raised a total of $786.35M.
Who are the investors of Group14?
Investors of Group14 include U.S. Department of Energy, Shaw Kwei & Partners, Earth Venture Capital, Moore Strategic Ventures, Microsoft Climate Innovation Fund and 20 more.
Who are Group14's competitors?
Competitors of Group14 include NanoGraf and 2 more.
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Compare Group14 to Competitors
Sila operates as a battery materials company focused on the development of lithium-ion battery technology. The company offers a silicon anode material that enhances the energy density of lithium-ion batteries, aimed at improving the performance of automotive and consumer electronics. Sila's products are designed to be a replacement for traditional graphite anodes, offering a significant upgrade without altering existing battery manufacturing processes. It was founded in 2011 and is based in Alameda, California.
OneD Battery Sciences is a company focused on the development of battery technology, specifically within the electric vehicle (EV) industry. The company's main offering is the SINANODE technology platform, which enhances EV battery performance and reduces manufacturing costs by infusing silicon nanowires into EV-grade graphite. This process increases the energy storage capacity of the graphite, allowing for faster charging, greater energy density, and lower production costs. It was founded in 2013 and is based in Palo Alto, California.
Enevate is a company that focuses on the development and licensing of advanced battery technology, specifically within the electric vehicle industry. The company's main offerings include silicon-dominant Li-ion battery technology that enables electric vehicles to charge quickly, operate efficiently in cold climates, and provide safety advantages over conventional graphite Li-ion batteries. Enevate primarily serves the automotive industry, particularly manufacturers of electric vehicles. Enevate was formerly known as Carbon Micro Battery Corporation. It was founded in 2005 and is based in Irvine, California.
Nexeon develops and manufactures silicon-based anode materials for rechargeable lithium-ion batteries. Nexeon’s battery materials enable rapid charging and high energy density, making the battery lighter, smaller, and more. Nexeon was founded in 2006 and is based in Oxford, United Kingdom.
BTR (835185:BJ) operates as a battery manufacturing company. It focuses on the manufacturing of positive and negative materials for lithium-ion secondary batteries. The company provides a new energy material product system with lithium-ion battery cathode and anode materials as the core. The company was founded in 2000 and is based in Shenzhen, China.
Tanovus is a company focused on innovating battery anode materials within the new energy sector. They specialize in creating micro-nano structured materials and composites designed to enhance battery performance. Tanovus primarily serves the new energy battery anode market with their advanced materials solutions. It was founded in 2020 and is based in Fremont, California.
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