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Solid Power - About the company

Solid Power is a public company based in Louisville (United States), founded in 2011 by Conrad R. Stoldt and Sehee Lee. It operates as a Developer of solid-state lithium-ion battery. Solid Power has raised $182M in funding from investors like Ford, A123 Systems and Sanoh Industrial. The company has 386 active competitors, including 73 funded and 49 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and SES Technologies.

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.
Registered Address
V zápolí 1096 14100 Praha
Key Metrics
Founded Year
2011
Location
Louisville, United States
Stage
Public
Total Funding
$182M in 11 rounds
Investors
Ranked
Annual Revenue
$10M - $50M as on Dec 31, 2025
Employee Count
229 as on Jul 31, 2026
Similar Companies
Exit Details
Public

Solid Power's IPO details

Solid Power got listed on Dec 09, 2021.
Click here to take a look at Solid Power's IPO in detail
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Solid Power's funding and investors

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 17 institutional investors.

Here is the list of recent funding rounds of Solid Power:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 27, 2025
4613781
Grant (prize money)
3782338
6123423
1684212
8821363
Jan 11, 2023
5662402
Grant (prize money)
6851089
8628564
1276071
Oct 2021
5785091
Post IPO
9638283
6639385
7541904
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Solid Power's founders and board of directors

Founder? Claim Profile
The founders of Solid Power are Conrad R. Stoldt and Sehee Lee.
Here are the details of Solid Power's key team members:

Solid Power's employee count trend

Solid Power has 229 employees as of Jul 26. Here is Solid Power's employee count trend over the years:
Employee count trend for Solid Power
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Solid Power's Competitors and alternates

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
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for QuantumScape
QuantumScape
2010, San Jose (United States), Public
Developer of solid-state lithium-metal battery technology for electric vehicle applications
$1B
73/100
3rd
Logo for SES Technologies
SES Technologies
2012, Woburn (United States), Public
Developer of Li-Metal batteries and AI-powered battery management solutions
$336M
72/100
4th
Logo for Verkor
Verkor
2020, Grenoble (France), Series C
Manufacturer of lithium ion battery cells for electric vehicle mobility
$1.34B
68/100
5th
Manufacturer of battery systems for electric vehicles and energy storage
-
67/100
6th
Logo for Emo Energy
Emo Energy
2022, Bengaluru (India), Series A
Provider of energy management systems integrating battery technology and charging hardware
$14.1M
67/100
7th
Logo for SK On
SK On
2021, Seoul (South Korea), Series E
Provider of energy and chemical products, including batteries and lubricants
$1.73B
66/100
8th
Logo for Grinntech
Grinntech
2013, Chennai (India), Acquired
Manufacturer of lithium-ion battery packs, off-the-shelf products, and custom solutions
$2M
66/100
9th
Logo for ACC
ACC
2020, Bruges (France), Series D
Manufacturer of lithium-ion battery cells and modules for electric four-wheelers
$1.2B
65/100
10th
Logo for IBC
IBC
2022, Milpitas (United States), Series A
Platform offering prismatic lithium-ion cells for mobility and energy storage
$68.3M
65/100
13th
Logo for Solid Power
Solid Power
2011, Louisville (United States), Public
Developer of solid-state lithium-ion battery
$182M
64/100
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Solid Power's Investments and acquisitions

Solid Power has made no investments or acquisitions yet.

Reports related to Solid Power

Here is the latest report on Solid Power's sector:

News related to Solid Power

lockFilter this list
Media has covered Solid Power for a total of 12 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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