S
Solid Power
A developer of next-generation all solid-state batteries
About Solid Power
Solid Power is a leading startup in the energy sector, specializing in the development and production of all-solid-state battery cells. These batteries are designed to be safer, offer higher energy, and cost less than traditional batteries. The company's primary focus is on powering electric vehicles (EVs) that are longer-range, lower-cost, and safer.
Read full description
The company's unique selling point is its use of sulfide-based solid electrolytes, which have the best-known balance of conductivity (ability to move ions quickly) and processability (ability to be produced defect-free on industry standard roll-to-roll battery manufacturing equipment). This technology allows for decreased battery pack volume and mass, longer range per charge, and lower battery pack cost.
Solid Power operates in the electric vehicle market, serving clients such as BMW and Ford. The company makes money by developing and selling its innovative battery technology to these automakers. In October 2021, Solid Power announced a partnership with SK Innovation to produce automotive-scale all-solid-state battery cells, further expanding its market reach.
The company was initially funded by prominent investors including Hyundai, Volta Energy Technologies, Umicore, Sanoh, A123 Systems, and Solvay. This diverse investment portfolio indicates a strong belief in the company's potential and its role in revolutionizing energy storage and enabling future e-mobility.
At a glance
- Founded
- 2011
- Headquarters
- Louisville, United States
- Listing
- Public via SPAC 2021
- Sector
- Transportation
- Power Law
- Unicorn$1–10B valuation tier
Latest news
Press, funding announcements and product moves mentioning Solid Power.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
US National Science Foundation
ARPA-E
US Department of Energy
Series A8 investors entered at this stage
A123 Systems
Solvay
Samsung Ventures
Cradle
Syensqo Ventures
Volta Energy Technologies
BMW
Ford Motor
Series B and later6 investors entered at this stage
BMW i Ventures- RERiverstone Energy
Neuberger Berman
Koch Industries
VanEck
Decarbonization Plus Acquisition Corporation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Patents
94 active patent families included in this estimate.
A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.
Market sentiment
An AI-synthesised read of the highest-engagement posts about Solid Power 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
See Solid Power on the full Dealroom platform
Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.