# Solid Power

**Source:** https://www.startuphub.ai/startups/solid-power
**Profile type:** Startup

> Develops and manufactures solid-state batteries for electric vehicles and other applications.

## About

Solid Power is a leading developer of all-solid-state batteries for electric vehicles and other applications. Their proprietary technology aims to deliver safer, longer-lasting, and more powerful batteries compared to traditional lithium-ion batteries. They are focused on scaling production to meet the growing demand for advanced battery solutions.

## Key facts

- **Slug:** solid-power
- **Website:** https://www.solidpowerbattery.com/
- **Location:** Louisville, United States
- **Founded:** 2014-01-01
- **Employees:** 222
- **Operating status:** Active
- **Total funding:** $550M
- **Sectors / tags:** Solid-State Battery, Battery Technology, Energy Storage, Electric Vehicles, Advanced Manufacturing & Materials, Semiconductor
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/solid-power
  - Twitter: https://twitter.com/SolidPowerInc

## Frequently asked

### What does Solid Power do?

Solid Power is a leading developer of all-solid-state batteries for electric vehicles and other applications. Their proprietary technology aims to deliver safer, longer-lasting, and more powerful batteries compared to traditional lithium-ion batteries. They are focused on scaling production to meet the growing demand for advanced battery solutions.

### What is Solid Power's valuation?

StartupHub estimates Solid Power's effective valuation at $2.2B (range $1.4B to $3.3B, 10% confidence), based on comparable companies in the sector.

### How much funding has Solid Power raised?

Solid Power has raised a total of $550M in funding. The most recent round on record is SPAC.

### Where is Solid Power headquartered?

Solid Power is headquartered in Louisville, United States.

### When was Solid Power founded?

Solid Power was founded in 2014.

### What industry does Solid Power operate in?

Solid Power operates in Solid-State Battery, Battery Technology, Energy Storage, Electric Vehicles, Advanced Manufacturing & Materials, Semiconductor.

### How many employees does Solid Power have?

Solid Power has approximately 222 people on record.

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