Group14 Technologies

Silicon-carbon anode supplier for high-density lithium-ion batteries

Energy 📍 Woodinville, Washington Founded 2015

Current Valuation

$3.0B

as of 2025-Q3

UNICORN

Group14 Technologies manufactures SCC55, a silicon-carbon composite anode material that replaces graphite in lithium-ion batteries to enable higher energy density and faster charging. Founded in 2015 by Rick Luebbe in Woodinville, Washington, the company raised $463M in Series D funding in August 2025 led by SK Inc. and used proceeds to acquire 100% ownership of the BAM factory in South Korea, bringing total funding above $1B.

Company Profile

CEO

Rick Luebbe

Founded

2015

Woodinville, Washington

Employees

~300

Total Raised

$1.1B

Growth

$463M Series D 2025; full ownership of South Korea BAM factory

Last Round

Series D — $463M (Aug 2025) · Lead: SK Inc.

IPO Status

Private

Founders & Key People

Rick LuebbeAaron FeaverHenry Costantino

Investors

SK Inc. · Porsche AG · Microsoft Climate Innovation Fund · Decarbonization Partners · OMERS Capital Markets · Riverstone Holdings · ATL · Lightrock

Products

SCC55 silicon-carbon battery anode material
BAM (Battery Anode Materials) factory South Korea
US silicon anode manufacturing plants

Competitors

Sila Nanotechnologies · Nexeon · Amprius Technologies · Enovix · OneD Battery Sciences

Battery materialsSilicon anodeLithium-ionEV supply chainClimate techCleantech unicorn