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How Much Did Group14 Raise in Its Series D, and Who Led It?
SK, Inc. led the round, which funds silicon battery material production in the US and South Korea.
Group14 Technologies raised $463 million in Series D funding, led by SK, Inc. The Woodinville, Washington company announced the round on August 19, 2025.
The company currently operates two Battery Active Material (BAM) factories in Washington state and is expanding internationally with a silane gas facility in Germany, which will provide a critical precursor for Europe’s energy storage supply chain.
With this latest round, Group14 has raised more than $1 billion in equity funding, solidifying its role as a driving force in the global transition to clean energy.
sources;
With this latest round, Group14 has raised more than $1 billion in equity funding, solidifying its role as a driving force in the global transition to clean energy.
sources;
- PR Newswire (Official Press Release) – Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc. – detailing funding, investor roster, global expansion, and equity raised PR Newswire
- FinSMEs – Group14 Raises US$463M in Series D Funding – independent recap with matching details FinSMEs
- The EV Report – Group14 Secures $463M, Acquires SK Factory – offering additional business and strategic context The EV Report
- Axios Pro – Group14 raises $463M to control South Korean battery materials plant – highlighting broader industry relevance and outlook Axios
What does Group14 do?
Group14 makes advanced silicon battery materials. Its product, SCC55, is a silicon-carbon material built for batteries.
Who invested in the round?
SK, Inc. led. Existing investors Porsche Investments, ATL, OMERS, Decarbonization Partners and Lightrock Climate Impact Fund took part.
What is the money for?
Group14 will expand production of SCC55 in the United States and South Korea.
Quick answers
How much did Group14 raise? $463 million.
Who led the round? SK, Inc.
Where will production expand? The United States and South Korea.
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