When was Soelect founded?

Soelect was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Soelect located?

Soelect is headquartered in Greensboro, United States.

How many employees does Soelect have?

As of Aug 31, 2026, the latest employee count at Soelect is 20.

Is Soelect a funded company?

Soelect is a funded company, having raised a total of $14.3M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 12, 2020.

When was the latest funding round of Soelect?

Soelect's latest funding was a $***** Series A round on Feb 03, 2022, with participation from 3 investors. Its primary sector is Energy Storage Tech. In United States, the Energy Storage Tech sector has seen $5.07B in funding in 2026 to date.

Where does Soelect rank among its competitors?

Soelect ranks 16th amongst 92 active competitors, of which 38 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Nyobolt, which secured $60M in May, 2026.

Who are the top competitors of Soelect?

Soelect's top competitors include Group14 Technologies, Echion Technologies and Addionics. Among them, Nyobolt secured the most recent funding round in May, 2026.

Soelect - 2026 Company Profile, Funding & Competitors

Company Details

Provider of lithium-X anode technology and solid-state electrolyte material solutions. The company focuses on enabling safe, high energy density batteries. These batteries have applications in electric vehicles, portable electronics, and tactical defense equipment. The company’s manufacturing process is scalable for mass production. It also aims to train future battery professionals for the battery supply chain.

Website: www.soelect.com/
Email ID: *****@soelect.com

Key Metrics

Founded Year

2018

Location

Greensboro, United States

Stage

Series A

Total Funding

$14.3M in 3 rounds

Latest Funding Round

Series A, Feb 03, 2022, $*****

Investors

GM Ventures & 4 more

Ranked

16^th among 92 active competitors

Employee Count

20 as on Aug 31, 2026

Similar Companies

Echion Technologies & 37 more

View Soelect's full profile

Soelect is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Soelect Inc. CIN: 1813959 , United States, Active	Jan 01, 1970	-	15 (As on Dec 31, 2022)	-

Soelect has raised a total funding of $14.3M over 3 rounds. Its first funding round was on Jun 12, 2020. Its latest funding round was a Series A round on Feb 03, 2022 for $*****. 3 investors participated in its latest round. Soelect has 5 institutional investors.

Here is the list of recent funding rounds of Soelect:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 03, 2022	4903075	Series A	8583401	3411725	5864478	1044849
Jan 20, 2021	7407578	Seed	9481930	7614114	1817988	3136593
Jun 12, 2020	8495056	Seed	3175624	1840511	8577900	3964136

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View details of Soelect's funding rounds and investors

Soelect's employee count trend

Soelect has 20 employees as of Aug 26. Here is Soelect's employee count trend over the years:

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Top competitors of Soelect include Group14 Technologies, Echion Technologies and Addionics. Here is the list of Top 10 competitors of Soelect, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Group14 Technologies 2015, Woodinville (United States), Series D	Manufacturer of advanced silicon battery for clean energy solutions	$1.16B	Amperex Technology, BASF & 26 others	65/100
2nd	Echion Technologies 2017, Sawston (United Kingdom), Series B	Manufacturer of niobium-based anode material for lithium-ion batteries and cells	$92.4M	Newable, Volta & 35 others	65/100
3rd	Addionics 2017, Tel Aviv (Israel), Series B	Manufacturer of three-dimensional current collectors designed for advanced battery performance	$69.5M	Deep Insight, boaz-schwartz.com & 43 others	64/100
4th	Sepion Technologies 2015, Emeryville (United States), Series B	Developer of advanced polymer materials for high performance battery separators	$28.7M	Fine Structure Ventures, 11.2 Capital & 18 others	64/100
5th	Anaphite 2016, Bristol (United Kingdom), Series A	Developer of dry coating precursor technology for battery electrode manufacturing	$22.6M	Maniv Mobility, Bristol Private Equity Club ... & 79 others	62/100
6th	Nouveau Monde 2011, Quebec City (Canada), Public	Developer of graphite materials for battery and clean technology applications	-	General Motors, Eight Capital & 9 others	59/100
7th	Charge CCCV 2014, Binghamton (United States), Series A	Developer of lithium-ion battery technology for energy storage and electric mobility	$12.5M	Magnis, New York State Energy Research and Development Authority ... Read more	58/100
8th	Leydenjar Technologies 2016, Oegstgeest (Netherlands), Series A	Provider of silicon anode technology for lithium-ion batteries	$52.2M	APG, Catalus Capital & 16 others	57/100
9th	BTR 2001, Shenzhen (China), Series B	Provider of electrodes for lithium-ion batteries	$64.9M	Qiming Venture Partners, Cowin Capital & 4 others	57/100
10th	Nyobolt 2019, Cambridge (United Kingdom), Series C	Developer of high power integrated energy systems for industrial applications	$161M	IQ Capital, Symbotic & 38 others	55/100
16th	Soelect 2018, Greensboro (United States), Series A	Provider of lithium-X anode technology and solid-state electrolyte material solutions	$14.3M	GM Ventures, KTB Network & 3 others	47/100