NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingClosedMay 4, 2022

Group14 Series C — lithium-silicon battery anode materials (50% higher performance than Li-ion)

Group14 Technologies Series C $400M led by Porsche ($100M). Lithium-silicon battery anode materials (50% higher performance than Li-ion). Plus $100M DOE BIL grant in 2022. Round expanded to $614M when Microsoft joined in 2023. Top 10 climate tech round of 2022.

$400M

Deal Value

Battery Storage

Technology

WA

Location

Deal Details

Deal Type
Strategic & Growth Capital
Seller / Sponsor
Group14 Technologies
Buyer / Financier
Porsche AG ($100M lead); OMERS Capital Markets, Decarbonization Partners (BlackRock+Temasek), Riverstone Holdings, Vsquared Ventures, Moore Strategic Ventures
Deal Value
$400M (later expanded to $614M with Microsoft)
Stage
Growth
ISO/RTO
WECC

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