About Soelect
Soelect is a company based in Greensboro (United States) founded in 2018. Soelect has raised $14.31 million across 3 funding rounds from investors including KTB Network, GM Ventures and Lotte Ventures. The company has 15 employees as of December 31, 2022. Soelect offers products and services including LiX Anode Technology and Solid-State Electrolyte. Soelect operates in a competitive market with competitors including Group14 Technologies, Echion Technologies, Novonix, Addionics and NanoGraf, among others.
- Headquarter Greensboro, United States
- Employees 15 as on 31 Dec, 2022
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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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- Legal Name Soelect Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14.31 M (USD)
in 3 rounds
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Latest Funding Round
$11 M (USD), Series A
Feb 03, 2022
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Investors
KTB Network
& 4 more
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Employee Count
15
as on Dec 31, 2022
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Products & Services of Soelect
Soelect offers a comprehensive portfolio of products and services, including LiX Anode Technology and Solid-State Electrolyte.
Provides dendrite resistance for safer, high-energy batteries.
Enables high-density batteries for electric vehicles and electronics.
People of Soelect
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Funding Insights of Soelect
Soelect has successfully raised a total of $14.31M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in February 2022. 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 Soelect
Soelect has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include KTB Network, GM Ventures and Lotte Ventures.
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Venture capital funding is provided by General Motors-backed firm.
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Stage & sector-agnostic VC firm funding companies in South Korea and the US
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Startups are funded and accelerated by Lotte Ventures' sector-agnostic program.
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Investor details for Soelect
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Investments & Acquisitions by Soelect
Investment portfolio details for Soelect
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Financial Statements - Soelect
Detailed financials for Soelect
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Soelect Comparisons
Peer comparison for Soelect
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Competitors of Soelect
Soelect 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 Group14 Technologies, Echion Technologies, Novonix, Addionics and NanoGraf, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of advanced silicon battery for clean energy solutions
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Electrodes for lithium-ion batteries in electric vehicles are manufactured.
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High-precision battery testing systems for Li-ion cells are developed.
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3D architecture rechargeable batteries are developed for electric vehicles.
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Silicon-based anode materials for lithium batteries are developed.
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Manufacturer of batteries
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Detailed competitors of Soelect
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Latest news on Soelect
Complete news archive for Soelect
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Frequently Asked Questions about Soelect
Soelect was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Soelect is headquartered in Greensboro, United States. It is registered at Greensboro, North Carolina, United States.
Soelect is a funded company, having raised a total of $14.31M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Soelect is 15.
Soelect was founded in 2018 and is headquartered in Greensboro, United States. Operations center on the research and development of solid-state battery technology within the energy storage sector. Focus is placed on creating advanced battery solutions that enhance performance and safety for various applications. The companys domain, soelect.com, supports its activities in this field.
Soelect's top competitors include Group14 Technologies, Echion Technologies and NanoGraf.
Soelect offers LiX Anode Technology and Solid-State Electrolyte.
Soelect has 5 investors. Key investors include KTB Network, GM Ventures, Lotte Ventures, First Launch Capital Fund, and VentureSouth.