F
Factorial Energy
Transformational Solid-state Battery Technology
About Factorial Energy
Factorial Energy is a pioneering startup that operates in the energy sector, specifically focusing on the development and commercialization of solid-state batteries. The company has been investing heavily in research and development over the past six years, resulting in the creation of their proprietary Factorial Electrolyte System Technology (FEST®). This technology is a new type of battery that is safer, more efficient, and has a higher energy density than traditional batteries.
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Factorial Energy's primary market is the automotive industry, where they work with some of the world's largest auto Original Equipment Manufacturers (OEMs) and battery manufacturers. Their business model is centered around the production and sale of their FEST® system to these manufacturers, who then incorporate the technology into their electric vehicles (EVs). The company's solid-state batteries are set to debut in the high-spec market, serving as a test for their performance and manufacturability.
The company has recently expanded its operations by opening a new 67,000 square foot factory, signaling a significant step towards large-scale production. Factorial Energy's strategy is built on successful collaboration along the supply chain, partnering with major auto OEMs, battery manufacturers, and strategic material suppliers.
In summary, Factorial Energy is a promising startup that is poised to revolutionize the EV battery market with its innovative solid-state battery technology. The company's strong partnerships and customer-driven approach position it well for future growth in the rapidly expanding electric vehicle market.
At a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Woburn, United States
- Employees
- 132
- Open positions
- 17
- Dealroom signal
- 74.5/100
- Sub-industry
- Energy Efficiency, Energy Storage, Vehicle Production
- Sector
- Transportation, Spinout, Sustainable Development Goals, EV Battery Production, Verified Unicorns and $1B Exits, SPAC IPO Closed, Solid-State Battery
- Technology
- Hardware, Deep Tech, Nanotech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITYOther financing | Jun 2026 | $0 | — | Stellantis | ↗ |
| SPAC PRIVATE PLACEMENTOther financing | Jun 2026 | $100M | — | Cartesian Growth Corporation III | ↗ |
Growth signals
Latest recorded traffic for Factorial Energy is 32K monthly website visits, up 290.2% over the last three months. Factorial Energy's team grew 6.5% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A7 investors entered at this stage
NXT Ventures
Helios Climate Ventures LLC
WAVE Equity Partners
Gatemore Capital Management
Kia Motors
Hyundai Motor Company
Poscofuturem
Series B and later15 investors entered at this stage
Stellantis
US Department of War
NYSERDA- ELEden Rock Capital Management LLP
Stellantis Ventures- MCMercedes-Benz Capital
- CCCarbon to Clean
Mercedes-Benz Group
Fraser McCombs Capital
North Sky Capital- IPIthaka Partners
Hermitage Capital- DTDynavolt Renewable Energy Technology
Philenergy- CICartesian Growth Corporation III
Other known investors1 additional known investor
Cornell University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Factorial Energy on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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