About Solid Power
Solid Power is a publicly listed company based in Louisville (United States) founded in 2011. Solid-state lithium-ion batteries are developed with solid electrolyte layers. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Solid Power has raised $182.02 million across 11 funding rounds from investors including Hyundai Motor Company, Ford and Umicore. The company has 260 employees. Its website solidpowerbattery.com draws about 31 thousand monthly visits. Its focus areas include Energy Tech, Electric Vehicles, Components and Batteries.
Company details
Solid Power was founded in 2011 and is based in Louisville, United States. Focus is placed on developing solid-state lithium-ion batteries within the energy storage sector. These batteries incorporate a cathode and metallic lithium anode, separated by a solid electrolyte layer. Higher energy density and improved safety during operation are provided by the design. Operations involve research and production aimed at advancing battery technology for electric vehicles and other applications.
- Headquarters Louisville, United States
- Employees 260
- Stage Public
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website solidpowerbattery.com
- Social LinkedIn
- Legal Name Solid Power, Inc.
- Annual Revenue$21.75 M (USD)7.98as on Dec 31, 2025
- Net Profit-$93.41 M (USD)3.22as on Dec 31, 2025
- EBITDA-$81.02 M (USD)7.89as on Dec 31, 2025
- Total Equity Funding$182.02M (USD)
in 11 rounds
- Latest Funding Round$50M (USD), Grant
Jan 2025
- InvestorsHyundai Motor Company
& 12 more
- Employee Count260
Funding Insights of Solid Power
Solid Power has successfully raised a total of $182.02M across 11 strategic funding rounds. The most recent funding activity was a Grant round of $50 million completed in January 2025. 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 $182.02M
- Total Rounds 11
- Last Round Grant — $50M
- First Round $3.46M
(Aug 2013)
- Investors Count 13
Latest 10 of 11 funding rounds of Solid Power 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 |
|---|---|---|---|---|---|
| Jan 2025 | $50M | Grant | – | – | |
| Jan 2023 | Grant | – | – | ||
| Oct 2021 | Post-IPO | – | – | ||
| Jun 2021 | Post-IPO | – | – | ||
| May 2021 | $130M | Series B | – | Ford, BMW i Ventures | – |
| Dec 2020 | $5.13M | Debt – Conventional | – | – | – |
| Aug 2020 | $26.02M | Series B | – | – | – |
| Apr 2019 | Series A | – | Ford | – | |
| Oct 2018 | Series A | – | Hanon Systems | – | |
| Sep 2018 | $26M | Series A | – | Hyundai Cradle, Samsung Venture Investment | – |
13 investors in total: 13 institutional.
Investors in Solid Power
Solid Power has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Hyundai Motor Company, Ford and Umicore.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BMW i Ventures is focused on investing in automotive technology startups. | bmwiventures.com | Mountain View, United States | ||
Investment in energy storage technologies is facilitated by Volta. | volta.vc | Naperville, United States | ||
Venture capital firm focused on multiple sectors | cradleinc.com | Tel Aviv, Israel | ||
Investments are directed toward semiconductors, telecommunications, software, and medical sectors. | samsungventures.com | Seoul, South Korea | ||
Accelerator firm backed by Solvay | solvay.com/en/innovation/solvay-ventures/start-up-pitch-brussels-hq | Brussels, Belgium | ||
High-risk energy technologies are funded through competitive grants. | arpa-e.energy.gov | Washington, Dc, United States | ||
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | ||
Automobiles and commercial vehicles are manufactured by Ford. | 1903 | ford.com | United States | |
Passenger vehicles including sedans, SUVs, and electric models are manufactured. | 1967 | hyundai.com | Seoul, South Korea | |
Platinum, rhodium, and palladium-based materials are manufactured by Umicore. | 1805 | umicore.com | Brussels, Belgium |
Investor details for Solid Power
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Solid Power
76 people are tracked at Solid Power (18 in leadership, 1 in board & advisors, 57 in team); the tracked headcount is 260.
| Name | Role | Group |
|---|---|---|
Josh Buettner-Garrett | Chief Technology Officer | Leadership |
John Van Scoter | President, CEO & Class I Director | Leadership |
Derek Johnson | Chief Operations Officer | Leadership |
Stacy Morse | VP, Human Resources | Leadership |
Joshua Harris | Director Of Materials Engineering | Leadership |
Ramanan Ganeshananthan | Program Director | Leadership |
Hyungrak Kim | VP, Powder Production | Leadership |
Berislav Blizanac | Executive Vice President Of Cell Technologies | Leadership |
Lauren McCabe | Vice President Of Operations And Engineering (promoted) | Leadership |
Kyu H. Kim Pmp | Sr Director Of Program Management Business Planning | Leadership |
Chen Tao | Human Resources Business Partner | Leadership |
Kristen Gould | Vice President, Legal And Assistant Secretary | Leadership |
Brian Franca Mba, Sphr | Human Resources Director | Leadership |
Linda Heller | Chief Financial Officer And Treasurer | Leadership |
Bruno Lacrampe | Senior Director Of Internal Audit | Leadership |
Brian Francisco | Technical Director | Leadership |
David Telep | Sr. Director Of Process Engineering And Pilot Line | Leadership |
Joseph Duchaj | Director Of Equipment Engineering | Leadership |
Dave Jansen | Chairman, Class III Director | Board & advisors |
Sanan Afridi | Sr. SAP S4 Mm/pp Analyst | Team |
56 more people are available in the full profile.
Complete people profiles for Solid Power
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Solid Power
Solid Power is a publicly listed company on the NASDAQ with ticker symbol SLDP 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 date09 Dec 2021
- Listed onNASDAQ: SLDP
- Listed entitySolid Power, Inc.
- Exchange sectorProducer manufacturing
- ISINUS83422N1054
- Share price$2.15 (-3.59% on the day) · 2026-10-13
- Market capitalisation$490.6M
- EPS (diluted, trailing year)$-0.45
- Volume (last session)3,130,828
Financials of Solid Power
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $21.8M | -$93.4M | -$81.0M |
| 2024 | $20.1M | -$96.5M | -$88.0M |
| 2023 | $17.4M | -$65.5M | -$77.9M |
| 2022 | $11.8M | -$9.6M | -$53.2M |
| 2021 | $2.7M | $12.7M | -$24.2M |
Detailed financial statements for Solid Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Solid Power
4 dated milestones of Solid Power across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Solid Power is founded.
- Funding First funding round of $3.5M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant, of $50.0M.
Web traffic of Solid Power
The website of Solid Power (solidpowerbattery.com) receives about 31.2K visits a month.
- Monthly visits31.2K
▲ 54.8% vs previous month
Websites whose visitors overlap most with Solid Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nanotechenergy.com | 100% | 4.1K | #4,579,422 | View details | |
canaleenergia.com | canaleenergia.com | 84% | #3,000,956 | – | |
oilandenergyonline.com | oilandenergyonline.com | 84% | #2,765,832 | – | |
| acc-emotion.com | 84% | 31.4K | #988,285 | View details | |
| northvolt.com | 84% | 35.3K | #881,073 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Solid Power
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Solid Power (Electric & Green Mobility) in United States, 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 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Solid Power
Complete news archive for Solid Power
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Frequently Asked Questions about Solid Power
Solid Power was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Solid Power is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Solid Power is a funded company, having raised a total of $182.02M across 11 funding rounds to date. The company's 1st funding round was a Series A of $26M, raised on Aug 2013.
Solid Power has 260 employees.
Annual revenue of Solid Power is $21.75M as on Dec 31, 2025.
Solid Power was founded in 2011 and is based in Louisville, United States. Focus is placed on developing solid-state lithium-ion batteries within the energy storage sector. These batteries incorporate a cathode and metallic lithium anode, separated by a solid electrolyte layer. Higher energy density and improved safety during operation are provided by the design. Operations involve research and production aimed at advancing battery technology for electric vehicles and other applications.
Yes, Solid Power is publicly traded on NASDAQ under the ticker symbol SLDP.
Solid Power has 13 investors. Key investors include Hyundai Motor Company, Ford, Umicore, Hanon Systems, and A123 Systems.