Woodinville Washington based Group14 Technologies is raising $17,126,000.00 in New Equity Investment.
Woodinville, WA – According to filings with the U.S. Securities and Exchange Commission, Group14 Technologies is raising $17,126,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Eric Luebbe played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Group14 Technologies
Founded to enable the electrification of everything – from tiny medical, consumer and commercial devices to every possible flavor and size of transportation – Group14 brings new finely-tuned performance capabilities to the era of the lithium-silicon battery. Our novel composite materials and our industrial process to make them reliably answer the cost, scale and performance barriers that have slowed the world’s transition towards the all-electric future. Group14 has applied deep materials research experience to develop a new, low-cost approach to nano-scale silicon production. Our nano-scale silicon has high purity, high capacity, good power, and good cycle life. We use its unique high performance carbon engineering abilities to create cohesive silicon-carbon nanocomposites that dramatically outperform traditional carbon coated silicons.
To learn more about Group14 Technologies, visit http://www.group14technologies.com/
Contact:
Eric Luebbe, President and Chief Executive Officer
206-547-0445
https://www.linkedin.com/in/rick-eric-luebbe-486a4976/
SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved