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Bucking EV slowdown, Sila raises $300M to expand battery materials factory

TechCrunch·July 21, 2026·1 min read
Bucking EV slowdown, Sila raises $300M to expand battery materials factory

Sila raised $300 million in fresh funding on July 21, 2026, to expand its battery materials factory. The silicon-carbon anode material produced will power more than 100,000 EVs, bucking the broader EV slowdown. The round will help Sila scale production capacity for its advanced battery technology.

Read at TechCrunch
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