About Solid Power
Solid Power is a company based in Louisville (United States) founded in 2011. 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 as of December 31, 2024. Solid Power operates in a competitive market with competitors including A123 Systems, QuantumScape, StoreDot, Lohum and Verkor, among others.
- Headquarter Louisville, United States
- Employees 260 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Phone
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Website
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Social
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- Legal Name Solid Power, Inc.
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Annual Revenue
$20.14 M (USD)15.67as on Dec 31, 2024
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Net Profit
-$96.52 M (USD)-47.25as on Dec 31, 2024
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EBITDA
-$87.95 M (USD)-12.94as on Dec 31, 2024
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Total Equity Funding
$182.02 M (USD)
in 11 rounds
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Latest Funding Round
$50 M (USD), Grant
Jan 27, 2025
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Investors
Hyundai Motor Company
& 12 more
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Employee Count
260
as on Dec 31, 2024
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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.
People of Solid Power
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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.
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.
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BMW i Ventures is focused on investing in automotive technology startups.
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Investment in energy storage technologies is facilitated by Volta.
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Venture capital firm focused on multiple sectors
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Investor details for Solid Power
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Investments & Acquisitions by Solid Power
Investment portfolio details for Solid Power
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Financial Statements - Solid Power
Detailed financials for Solid Power
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Solid Power Comparisons
Peer comparison for Solid Power
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Competitors of Solid Power
Solid Power 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 A123 Systems, QuantumScape, StoreDot, Lohum and Verkor, among others.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Solid-state lithium-metal batteries are manufactured with anode-less cell design.
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Fast-charging lithium batteries for electric vehicles are developed and manufactured.
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Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
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Lithium-ion batteries are manufactured for electric vehicles and storage.
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Comprehensive solutions for electric vehicles and energy storage are provided.
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Detailed competitors of Solid Power
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Latest news on 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.
As of Dec 31, 2024, the latest employee count at Solid Power is 260.
Annual revenue of Solid Power is $20.14M as on Dec 31, 2024.
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.
Solid Power's top competitors include Lohum, StoreDot and Contemporary Amperex Technology.
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.
The ticker symbol of Solid Power is SLDP on NASDAQ.