Funding round
Sila Nanotechnologies Growth
Reported as "Growth Equity"
Sila Nanotechnologies, which works in battery materials research and development in Alameda, raised $300M in a Growth round announced on 21 Jul 2026, led by Atreides Management and Sutter Hill Ventures. 7 firms took part, 2 of them already investors. It is Sila Nanotechnologies' fifth venture round on record; the one before was a Series G in Jun 2024.
$300M
Amount raised
Not disclosed
Post-money valuation
7
Investors
2 leads
Valuation
What this round says about the price
Sila Nanotechnologies did not disclose a valuation in this round; its last disclosed one was $3.30B at the Series F (Jan 2021). It came 25 months after Sila Nanotechnologies' Series G. It is 20% of the $1.50B Sila Nanotechnologies has raised in the venture rounds on record. No later venture round is on record for Sila Nanotechnologies.
Sila Nanotechnologies' funding rounds
Sila Nanotechnologies has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series D 16 Aug 2018, led by Sutter Hill Ventures $70M
- Series E 17 Apr 2019, led by Daimler AG $170M$1.00B post-money
- Series F 26 Jan 2021, led by Coatue $590M$3.30B post-money
- Series G 27 Jun 2024, led by Sutter Hill Ventures and T. Rowe Price Associates, Inc. $375M
- Growth this round 21 Jul 2026, led by Atreides Management and Sutter Hill Ventures $300M
- Debt not a venture round 7 Aug 2026, led by U.S. Department of Defense $1.40B
Investors
Who put money in
Atreides Management and Sutter Hill Ventures led the round with 5 other firms. Sutter Hill Ventures and Bessemer Venture Partners had backed Sila Nanotechnologies before.
Lead investors
- Atreides Management backs 53 venture-backed companies new investor
- backs 39 venture-backed companies existing investor
Also in the round
- 8VC new investor
- Bessemer Venture Partners backs 412 venture-backed companies existing investor
- Matrix backs 129 venture-backed companies new investor
- T. Rowe Price Associates new investor
- In-Q-Tel backs 97 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
7 Growth rounds in Batteries within a year either side disclosed an amount; the median was $50M, and this round was 6.0 times the median. The closest in time, other companies' Growth rounds in Batteries:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Batteries | 29 Jun 2026 | $28M | not disclosed | BGF and AlbionVC |
| Batteries | 7 May 2026 | $39M | not disclosed | not named |
| Batteries | 15 Oct 2026 | $45M | $245M | not named |
| Batteries | 25 Mar 2026 | $50M | not disclosed | Junction and Korys |
| Batteries | 9 Sep 2025 | $200M | $1.20B | Magnetar Capital |
| Batteries | 28 Jul 2025 | $200M | not disclosed | not named |
| Batteries | 30 Jul 2025 | $135M | not disclosed | Helios Climate Ventures and Private Infrastructure Development Group |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Sila Nanotechnologies raise in its Growth round?
Sila Nanotechnologies raised $300M in its Growth round, announced in Jul 2026.
Who led Sila Nanotechnologies' Growth round?
Atreides Management and Sutter Hill Ventures led it, with 8VC, Bessemer Venture Partners, Matrix, T. Rowe Price Associates and In-Q-Tel.
What was Sila Nanotechnologies' valuation at the Growth round?
It was not disclosed; its last disclosed one was $3.30B at the Series F (Jan 2021).
How does it compare with other Growth rounds in Batteries?
7 Growth rounds in Batteries within a year either side disclosed an amount; the median was $50M, and this round was 6.0 times the median.