About SES Technologies
SES Technologies is a company based in Woburn (United States) founded in 2012. SES Technologies has raised $375.14 million across 11 funding rounds from investors including Kia, Hyundai Motor Company and Applied Materials. The company has 250 employees. SES Technologies has completed 1 acquisition, including Uzenergy. SES Technologies offers products and services including EV Batteries, UAM Batteries, Drone Batteries, Molecular Universe, and Avatar. SES Technologies operates in a competitive market with competitors including Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy, among others.
Products & Services of SES Technologies
SES Technologies offers a comprehensive portfolio of products and services, including EV Batteries, UAM Batteries, Drone Batteries, Molecular Universe, and Avatar.
Batteries designed for electric vehicles to enhance range and efficiency
Batteries for urban air mobility to support lightweight and safe operations
Compact batteries for drones to improve payload and flight duration
AI platform for accelerating material discovery in battery tech
AI system for battery safety and defect detection in manufacturing
Apps and channels of SES Technologies
its YouTube channel Powered by SES has 968 subscribers and 25 videos.
Videos from SES Technologies
The most watched videos on SES Technologies's YouTube channel, Powered by SES (968 subscribers). Click a video to play it here.
More on Powered by SES.
Funding Insights of SES Technologies
SES Technologies has successfully raised a total of $375.14M 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.
- Total Funding $375.14M
- Total Rounds 11
- First Round $4.5M
(Feb 2015)
- Investors Count 10
Latest 10 of 11 funding rounds of SES Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | – | Grant | – | – | |
| Jul 2021 | $100M | Series D | – | Hyundai Motor Company | |
| Apr 2021 | $139M | Series D | – | General Motors | |
| Nov 2018 | $28.88M | Series C | – | – | – |
| Dec 2017 | $34.38M | Series C | – | – | – |
| Nov 2017 | $34.38M | Series C | – | – | – |
| May 2017 | $5M | Series B | – | – | – |
| May 2017 | $5M | Series B | – | – | – |
| Jan 2016 | $12M | Series B | – | – | |
| Jul 2015 | $12M | Series B | – | Applied Materials, SAIC Capital |
10 investors in total: 10 institutional.
Investors in SES Technologies
SES Technologies has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Kia, Hyundai Motor Company and Applied Materials.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A South Korean conglomerate, SK Inc. is engaged in advanced materials, biotechnology, and digital solutions. | – | sk-inc.com | Seoul, South Korea | |
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Early-stage venture capital firm investing in tech and life sciences sectors | – | vertexholdings.com | Singapore, Singapore | |
Venture capital firm focused on big data, IoT, and human machine | – | saicvc.com | Menlo Park, United States | |
- | – | vertexventures.cn | - | |
Government body responsible for trade and industry policies. | – | motie.go.kr | Sejong, South Korea | |
Passenger vehicles including sedans, SUVs, and electric models are manufactured. | 1967 | hyundai.com | Seoul, South Korea | |
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | kia.com | Irvine, United States | |
Global automotive company | 1908 | gm.com | United States | |
Materials engineering solutions are supplied for semiconductor and electronics industries. | 1967 | appliedmaterials.com | Santa Clara, United States |
Investor details for SES Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of SES Technologies
44 people are tracked at SES Technologies (22 in leadership, 2 in board & advisors, 20 in team); the tracked headcount is 250.
| Name | Role | Group |
|---|---|---|
Zhuhua Cai | Vp, Customer Projects/product Development | Leadership |
Richard Chang | VP, Business Development | Leadership |
Jing Nealis | CFO | Leadership |
Aseem Juneja | VP, Growth | Leadership |
Hong Gan | Chief Science Officer | Leadership |
Mohsin Khan | Head Of Internal Audit & SOX | Leadership |
Hans Kim | VP, Head, Korea | Leadership |
Daniel Li | Chief Manufacturing Officer | Leadership |
Amanda Chang | Director Of Finance | Leadership |
Kang Xu | Chief Scientist | Leadership |
Kyle Pilkington | Chief Legal Officer | Leadership |
Qichao Hu | Founder, Chairman & CEO | Leadership |
Zhengping Zhou | Associate Director, Team Leader For Coated Anode & Separator | Leadership |
Vineet Jain | Senior Vice President | Leadership |
Rajendra P. Singh | Director Of Chemistry | Leadership |
Joanne Ban | Advisor To CEO | Leadership |
Bokyung Kim | CEO Office | Executive Assistant To Chief Executive Officer | Leadership |
Seungwan Kim | Director | Leadership |
Bin Liu | Vp, Electrolytes R&d | Leadership |
Binghong Han | Director Of Cathode | Leadership |
24 more people are available in the full profile.
Complete people profiles for SES Technologies
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IPO & Listings of SES Technologies
SES Technologies is a publicly listed company on the NYSE with ticker symbol SES in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Feb 2022
- Listed onNYSE: SES
- Listed entitySES AI Corporation
- Exchange sectorProducer manufacturing
- ISINUS78397Q1094
- Share price$0.78 (+7.86% on the day) · 2026-10-08
- Market capitalisation$290.5M
- EPS (diluted, trailing year)$-0.20
- Volume (last session)37,373,419
Financials of SES Technologies
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $21.0M | -$73.0M | -$72.3M |
| 2024 | $2.0M | -$100.2M | -$100.9M |
| 2023 | – | -$53.4M | -$72.6M |
| 2022 | – | -$51.0M | -$77.0M |
| 2021 | – | -$31.3M | -$30.3M |
Detailed financial statements for SES Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by SES Technologies
SES Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Uzenergy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Energy storage systems are provided for residential and industrial use. | uzenergy.com | China | 0 | Jul 2025 | $25.5M |
Complete acquisition details for SES Technologies
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Timeline of SES Technologies
5 dated milestones of SES Technologies across 13 years, from founding to its latest funding, stage changes and deals.
- Founded SES Technologies is founded.
- Funding First funding round of $4.5M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant,.
- Acquisition Acquires Uzenergy.
Competitors of SES Technologies
SES Technologies 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 Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| microvast.com | 2006 | Stafford, United States | $430M | 2,006 | Lithium-ion batteries for multi-category electric vehicles are developed. | |
| catl.com | 2011 | Ningde, China | – | – | Comprehensive solutions for electric vehicles and energy storage are provided. | |
| forseepower.com | 2011 | Paris, France | $143.39M | 284 | Lithium battery systems for electric vehicles and gadgets are manufactured. | |
| a123systems.com | 2001 | Hangzhou, China | $201.26M | 886 | Lithium-ion batteries for automotive and industrial uses are manufactured. | |
| exponent.energy | 2020 | Bengaluru, India | $47.2M | 222 | Rapid-charging technology for electric vehicles is developed and scaled. | |
| solidpowerbattery.com | 2011 | Louisville, United States | $182.02M | 270 | Solid-state lithium-ion batteries are developed with solid electrolyte layers. | |
| store-dot.com | 2012 | Herzliya, Israel | $226M | – | Fast-charging lithium batteries for electric vehicles are developed and manufactured. |
Detailed competitors of SES Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of SES Technologies
The website of SES Technologies (ses.ai) receives about 25K visits a month.
- Monthly visits25K
▼ 31.5% vs previous month
Latest news on Ses Technologies
Complete news archive for SES Technologies
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to SES Technologies
10 companies that operate in the same segment as SES Technologies (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about SES Technologies
SES Technologies was founded in 2012 and raised its 1st funding round 3 years after it was founded.
SES Technologies is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
SES Technologies is a funded company, having raised a total of $375.14M across 11 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Feb 2015.
SES Technologies has 250 employees.
Annual revenue of SES Technologies is $21M as on Dec 31, 2025.
SES Technologies was founded in 2012 in Woburn, United States, within the energy storage sector. Lithium-ion battery solutions are developed, focusing on Li-Metal materials, cells, modules, and recycling processes. AI algorithms are created to enhance battery safety and charging efficiency. Configurations such as single-cell, double-cell, three-cell, and large-capacity batteries are manufactured for various applications.
SES Technologies's top competitors include Microvast, Solid Power and Exponent Energy.
SES Technologies offers EV Batteries, UAM Batteries, Drone Batteries, Molecular Universe, and Avatar.
Yes, SES Technologies is publicly traded on NYSE under the ticker symbol SES.
SES Technologies has made 1 acquisition, including Uzenergy.
SES Technologies has 10 investors. Key investors include Kia, Hyundai Motor Company, Applied Materials, Temasek, and General Motors.
SES Technologies operates through Ses Ai Corporation.