Press Release Battery Materials / Energy Storage 1 min read

Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc.

Group14 Technologies raised $463 million in a Series D funding round led by SK, Inc. and simultaneously acquired full ownership of its South Korean joint venture BAM factory from SK, Inc., strengthening its global silicon battery material manufacturing capabilities.

Porsche Investments ATL OMERS Decarbonization Partners Lightrock Climate Impact Fund Microsoft Climate Innovation Fund Group14 Technologies SK, Inc.
Press ReleaseAugust 21, 2025
Porsche Investments

Group14 Technologies raised $463 million in a Series D funding round led by SK, Inc. and simultaneously acquired full ownership of its South Korean joint venture BAM factory from SK, Inc., strengthening its global silicon battery material manufacturing capabilities.

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