Funding round
Sila Nanotechnologies Series D
Sila Nanotechnologies, which works in battery materials research and development in Alameda, raised $70M in a Series D round announced on 16 Aug 2018, led by Sutter Hill Ventures. 8 firms took part. It is Sila Nanotechnologies' first venture round on record.
$70M
Amount raised
Not disclosed
Post-money valuation
8
Investors
1 lead
Valuation
What this round says about the price
Sila Nanotechnologies did not disclose a valuation in this round. It is Sila Nanotechnologies' first venture round on record, 7 years after it was founded in 2011. It is 4.7% of the $1.50B Sila Nanotechnologies has raised in the venture rounds on record. Sila Nanotechnologies raised again 8 months later: a Series E round of $170M in Apr 2019, at $1.00B post-money.
Sila Nanotechnologies' funding rounds
Sila Nanotechnologies has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series D this round 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 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
Sutter Hill Ventures led the round with 7 other firms.
Lead investor
- backs 39 venture-backed companies new investor
Also in the round
- Next47 new investor
- Amperex Technology Limited new investor
- Bessemer Venture Partners backs 412 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- Matrix backs 129 venture-backed companies new investor
- Samsung Venture Investment backs 126 venture-backed companies 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 and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
The closest in time: 1 in Batteries, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Batteries | 1 Jan 2018 | $55M | not disclosed | Helios Investment Partners |
| Tech Companies | 23 Aug 2018 | $93M | not disclosed | Georgian |
| Tech Companies | 14 Aug 2018 | $50M | not disclosed | Lightspeed Venture Partners |
| Salsify Tech Companies | 7 Aug 2018 | $43M | not disclosed | Greenspring Associates |
| Tech Companies | 8 Aug 2018 | $32M | not disclosed | Viola Group |
| Plastics Products | 17 Aug 2018 | $26M | $596M | not named |
| Zuoyebang Learning, Tutoring & Courses | 18 Jul 2018 | $350M | not disclosed | Coatue |
| Real Estate Investment | 10 Jul 2018 | $152M | not disclosed | ArrowMark Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Sila Nanotechnologies raise in its Series D round?
Sila Nanotechnologies raised $70M in its Series D round, announced in Aug 2018.
Who led Sila Nanotechnologies' Series D round?
Sutter Hill Ventures led it, with Next47, Amperex Technology Limited, Bessemer Venture Partners, Chengwei Capital and Matrix and 2 more.
What was Sila Nanotechnologies' valuation at the Series D round?
It was not disclosed.
Did Sila Nanotechnologies raise again after this round?
Yes: a Series E round in Apr 2019 of $170M at $1.00B post-money.