About Factorial Energy
Factorial Energy is a company based in Woburn (United States) founded in 2013 by Hector Abruna, Siyu Huang, and Alex Yu. Factorial Energy has raised $244.19 million across 11 funding rounds from investors including Kia, Hyundai Motor Company and Mercedes-Benz. Factorial Energy offers products and services including Solid-State Batteries and FEST Services. Factorial Energy operates in a competitive market with competitors including Electrovaya, Solid Power, QuantumScape, VARTA and Cuberg, among others.
- Headquarter Woburn, United States
- Founders Hector Abruna, Siyu Huang, Alex Yu
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$244.19 M (USD)
in 11 rounds
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Latest Funding Round
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Investors
Kia
& 9 more
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Employee Count
Not available
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Products & Services of Factorial Energy
Factorial Energy offers a comprehensive portfolio of products and services, including Solid-State Batteries and FEST Services.
High-performing batteries for electric vehicles and safety-focused applications.
Customizable services for battery specifications and product testing.
People of Factorial Energy
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Funding Insights of Factorial Energy
Factorial Energy has successfully raised a total of $244.19M across 11 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Factorial Energy
Factorial Energy has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Kia, Hyundai Motor Company and Mercedes-Benz.
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Impact-focused growth equity investments are made in sustainable industrial solutions.
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Investor details for Factorial Energy
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Investments & Acquisitions by Factorial Energy
Investment portfolio details for Factorial Energy
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Financial Statements - Factorial Energy
Detailed financials for Factorial Energy
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Factorial Energy Comparisons
Peer comparison for Factorial Energy
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Competitors of Factorial Energy
Factorial Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Electrovaya, Solid Power, QuantumScape, VARTA and Cuberg, among others.
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Lithium-ion batteries and management systems are manufactured for key industries.
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Solid-state lithium-ion batteries are developed with solid electrolyte layers.
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Solid-state lithium-metal batteries are manufactured with anode-less cell design.
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Lithium-ion batteries and storage systems are manufactured for diverse applications.
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Lithium-ion batteries are developed using a patented solid electrolyte.
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Detailed competitors of Factorial Energy
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Latest news on Factorial Energy
Complete news archive for Factorial Energy
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Frequently Asked Questions about Factorial Energy
Factorial Energy was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Factorial Energy is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
Siyu Huang is the current CEO of Factorial Energy. They have also founded this company.
Factorial Energy is a funded company, having raised a total of $244.19M across 11 funding rounds to date.
Factorial Energy was founded in 2013 and is based in Woburn, United States. Solid-state batteries are developed for applications in electric vehicles, homes, and critical infrastructure within the energy sector. Operations center on creating technology that emphasizes safety, sustainability, and scalability. The companys work addresses needs in advanced battery systems for diverse power requirements.
Factorial Energy's top competitors include Ion Storage Systems, Solid Power and QuantumScape.
Factorial Energy offers Solid-State Batteries and FEST Services.
Factorial Energy has 10 investors. Key investors include Kia, Hyundai Motor Company, Mercedes-Benz, New York State, and Stellantis.