About Silatronix
Silatronix is a company based in Madison (United States) founded in 2007 was acquired by Koura in November 2021.. Silatronix has raised $14.91 million across 6 funding rounds from investors including State of Wisconsin, Inabata and Hitachi Chemical. The company has 19 employees as of December 31, 2022. Silatronix operates in a competitive market with competitors including Adden Energy, Ionic Materials, Ampcera, Safire Technology Group and Feon Energy, among others.
- Headquarter Madison, United States
- Employees 19 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Silatronix, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.91 M (USD)
in 6 rounds
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Latest Funding Round
$750 K (USD), Series B
Mar 27, 2019
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Investors
State of Wisconsin
& 6 more
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Employee Count
19
as on Dec 31, 2022
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Acquired by
Koura
(Nov 03, 2021)
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Funding Insights of Silatronix
Silatronix has successfully raised a total of $14.91M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $750 thousand completed in March 2019. 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 Total Funding
- Total Rounds 6
- Last Round Series B — $750,000
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First Round
First Round
(13 May 2008)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series B - Silatronix | Valuation |
investors |
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| Jun, 2016 | Amount | Series B - Silatronix | Valuation | Hitachi Chemical , Inabata | |
| May, 2016 | Amount | Series A - Silatronix | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Silatronix
Silatronix has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include State of Wisconsin, Inabata and Hitachi Chemical. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate-backed venture capital firm and fund of funds focused on multiple sectors
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Founded Year | Domain | Location | |
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Multiple sectors focused seed & early stage VC firm investing in the US, Europe & Asia
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Founded Year | Domain | Location | |
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Manufacturer and supplier of electronic, resin, carbon & wiring board materials
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Silatronix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Silatronix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Silatronix Comparisons
Competitors of Silatronix
Silatronix 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 Adden Energy, Ionic Materials, Ampcera, Safire Technology Group and Feon Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solid-state battery solutions and electrolytes are provided through advanced algorithms.
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| domain | founded_year | HQ Location |
Solid polymer electrolytes for solid-state batteries are developed.
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| domain | founded_year | HQ Location |
Solid-state electrolyte materials for lithium batteries are developed.
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| domain | founded_year | HQ Location |
Hybrid-state shear thickening battery safety technology is developed.
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| domain | founded_year | HQ Location |
Molecule-based liquid electrolytes for lithium batteries are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Silatronix
Frequently Asked Questions about Silatronix
When was Silatronix founded?
Silatronix was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Silatronix located?
Silatronix is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Who is the current CEO of Silatronix?
Mark Zager is the current CEO of Silatronix.
Is Silatronix a funded company?
Silatronix is a funded company, having raised a total of $14.91M across 6 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on May 13, 2008.
How many employees does Silatronix have?
As of Dec 31, 2022, the latest employee count at Silatronix is 19.
What does Silatronix do?
Silatronix was founded in 2007 in Madison, United States, within the nanotechnology and electrochemical energy storage sector. Organosilicon compounds are integrated with nanostructured electrodes to support devices such as ultracapacitors and lithium-ion batteries. Operations focus on advancing materials for electrochemical applications, with activities based in the United States. Leadership is provided by CEO Mark Zager.
Who are the top competitors of Silatronix?
Silatronix's top competitors include Adden Energy, Ampcera and Safire Technology Group.
Who are Silatronix's investors?
Silatronix has 7 investors. Key investors include State of Wisconsin, Inabata, Hitachi Chemical, Koura Global, and WARF.
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