When was Solid Power founded?

Solid Power was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Where is Solid Power located?

Solid Power is headquartered in Louisville, United States. It is registered at V zápolí 1096 14100 Praha.

How many employees does Solid Power have?

As of May 31, 2026, the latest employee count at Solid Power is 228.

Is Solid Power a funded company?

Solid Power is a funded company, having raised a total of $182M across 11 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Aug 21, 2013.

When was the latest funding round of Solid Power?

Solid Power's latest funding was a $***** Grant (prize money) round on Jan 27, 2025, with participation from 1 investor.

What is the annual revenue of Solid Power?

Annual revenue of Solid Power is between $10M and $50M as on Dec 31, 2025

Where does Solid Power rank among its competitors?

Solid Power ranks 13th amongst 375 active competitors, of which 70 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Factorial Energy, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Solid Power?

Solid Power's top competitors include A123 Systems, QuantumScape and SES Technologies. Among them, Factorial Energy secured the most recent funding round in January, 2026.

Solid Power - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of solid-state lithium-ion battery. The company cathode, and metallic lithium anode, and is separated by a solid electrolyte layer that claims to offer higher energy density and safer working conditions.

Website: solidpowerbattery.com
Registered Address: V zápolí 1096 14100 Praha

Key Metrics

Founded Year

2011

Location

Louisville, United States

Stage

Public

Total Funding

$182M in 11 rounds

Latest Funding Round

Grant (prize money), Jan 27, 2025, $*****

Investors

Ford & 15 more

Ranked

13^th among 375 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2025

Employee Count

228 as on May 31, 2026

Similar Companies

QuantumScape & 72 more

Exit Details

Public

View Solid Power's full profile

Solid Power is associated with 8 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Solid Power, Inc. CIN: 1844862 , United States, Active	Feb 05, 2018	$10M - $50M (As on Dec 31, 2025)	270 (As on Feb 29, 2024)	-
Powercell s.r.o. CIN: 03639860 , Czech Republic, Active	Dec 12, 2014	-	-
SOLID POWER INC. CIN: 364715727 , United States, Active	Dec 31, 2010	-	259 (As on Dec 31, 2024)	-
Solid Windows s.r.o. CIN: 09553142 , Czech Republic, Active	Sep 30, 2020	-	-
power Press s.r.o. CIN: 21273405 , Czech Republic, Active	Feb 20, 2024	-	-
SOLID HOLDING,s.r.o. CIN: 25702301 , Czech Republic, Active	Oct 15, 1998	-	-
Solid business s.r.o. CIN: 07317867 , Czech Republic, Active	Jul 25, 2018	-	-
Poweron s.r.o. CIN: 06205712 , Czech Republic, Active	Jun 20, 2017	-	-

Solid Power got listed on Dec 09, 2021.

Click here to take a look at Solid Power's IPO in detail

Solid Power has raised a total funding of $182M over 11 rounds. Its first funding round was on Aug 21, 2013. Its latest funding round was a Grant (prize money) round on Jan 27, 2025 for $*****. 1 investor participated in its latest round. Solid Power has 16 institutional investors.

Here is the list of recent funding rounds of Solid Power:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 27, 2025	6298403	Grant (prize money)	2103330	9452478	9000993	9028877
Jan 11, 2023	1078705	Grant (prize money)	8215344	5051922	2798052	DOE
Oct 2021	1278160	Post IPO	4809426	7735467	8053782	Ford & 1 more

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View details of Solid Power's funding rounds and investors

The founders of Solid Power are Conrad R. Stoldt and Sehee Lee.

Here are the details of Solid Power's key team members:

Conrad R. Stoldt: Founder and Principal Scientist of Solid Power.
Sehee Lee: Founder and Advisor of Solid Power.

View details of Solid Power's Founder profiles and Board Members

Solid Power's employee count trend

Solid Power has 228 employees as of May 26. Here is Solid Power's employee count trend over the years:

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Top competitors of Solid Power include A123 Systems, QuantumScape and SES Technologies. Here is the list of Top 10 competitors of Solid Power, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	A123 Systems 2001, Hangzhou (China), Public	Manufacturer of automotive lithium-ion batteries	$201M	General Electric, Sequoia Capital & 19 others	76/100
2nd	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 16 others	73/100
3rd	SES Technologies 2012, Woburn (United States), Public	Developer of Li-Metal batteries and AI-powered battery management solutions	$336M	Temasek, Applied Materials & 16 others	72/100
4th	Neuron Energy 2018, Mumbai (India), Series A	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$9.61M	Equanimity Investments, Chona Family Office ... & 53 others	69/100
5th	Contemporary Amperex Technology 2011, Ningde (China), Public	Manufacturer of battery systems for electric vehicles and energy storage	-	Fortera Capital, V Fund & 18 others	67/100
6th	Factorial Energy 2013, Woburn (United States), Series D	Developer of sustainable solid-state batteries	$244M	Stellantis, Mercedes-Benz & 16 others	66/100
7th	Grinntech 2013, Chennai (India), Acquired	Manufacturer of lithium-ion battery packs, off-the-shelf products, and custom solutions	$2M	RTBI, Magnetic Meter Systems & 3 others	65/100
8th	SK On 2021, Seoul (South Korea), Series E	Provider of energy and chemical products, including batteries and lubricants	$1.73B	MBK Partners, Korea Investment Holdings & 3 others	65/100
9th	IBC 2022, Milpitas (United States), Series A	Platform offering prismatic lithium-ion cells for mobility and energy storage	$64M	RTP Global, FalconX & 3 others	65/100
10th	Verkor 2020, Grenoble (France), Series C	Manufacturer of lithium ion battery cells for electric vehicle mobility	$1.34B	Renault, Societe Generale & 37 others	65/100
13th	Solid Power 2011, Louisville (United States), Public	Developer of solid-state lithium-ion battery	$182M	Ford, BMW i Ventures & 14 others	63/100