S
Soelect
Solid-state battery component developer
About Soelect
Soelect is a pioneering engineering solution provider that specializes in the development of advanced battery technology. The company's primary offering is its proprietary LiX® (Lithium-X) anode technology and solid-state electrolyte material, which are designed to resist dendrite formation, a common issue that can lead to battery failure. This technology enables the creation of safer, high energy density batteries that can be used in a wide range of applications, including electric vehicles, portable electronics, power tools, drones, aircraft, spacecraft, and tactical defense equipment.
The company's unique manufacturing process allows for mass production at a low cost, making it an attractive solution for businesses looking to incorporate high-performance batteries into their products. Additionally, Soelect's LiX® technology uses less lithium than standard lithium-ion batteries, which not only reduces material costs but also makes the batteries lighter and more energy-dense. Furthermore, these batteries can be charged to full capacity in just 15 minutes and retain over 80% of their capacity for 400 cycles, offering superior longevity and performance.
Soelect also places a strong emphasis on education and workforce development. The company has partnered with the Carolina Battery Institute (CBI) and Guilford Technical Community College to train future battery professionals, demonstrating its commitment to fostering talent and innovation in the battery industry.
Soelect has received recognition and financial support for its innovative work, including a $11,000 award from the One NC Small Business Program and a $250,000 grant from the DOD Army Small Business Innovation Research (SBIR) Program.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- High Point, United States
- Employees
- 22
- Open positions
- 2
- Dealroom signal
- 51.8/100
- Sub-industry
- Energy Storage, Vehicle Production
- Sector
- Transportation, Battery, Spinout, Sustainable Development Goals, Solid-State Battery, EV Battery, Climate Tech, Electric Mobility, DT and LS
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Jan 2024 | $250K | — | DoW Office for Small Business Innovation | ↗ |
| SERIES AOther financing | Feb 2022 | $11M | $44M | Daol Investment (Formerly KTB Network) · GM Ventures · Lotte Chemical · Lotte Ventures | ↗ |
Growth signals
Latest recorded traffic for Soelect is 110 monthly website visits, down 95.2% over the last three months. Soelect's team grew 0% 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
DoW Office for Small Business Innovation
Series A4 investors entered at this stage
Lotte Ventures- DNDaol Investment (Formerly KTB Network)
GM Ventures
Lotte Chemical
Other known investors4 additional known investors
North Carolina Agricultural and Technical State University
UNCG School of Education
VentureSouth- FFFirst Launch Capital Fund
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Soelect 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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