Ford joins Solid Power’s series A

May 15, 2019 • Callum Cyrus

CU Boulder battery tech spinout Solid Power and Ford will collaborate on delivering a solid-state cell for electric vehicles using the spinout's production facility.

Solid Power, a US-based solid-state battery manufacturing spinout of University of Colorado Boulder, has added investors including carmaker Ford to a series A round that stood at $26m as of this January.
Battery tech-focused VC fund Volta Energy Technologies has also joined the round, which follows an initial $20m series A tranche in September 2018 backed by Hyundai Cradle, the collaborative innovation unit of car manufacturer Hyundai, and Samsung Venture Investment Corporate, an investment subsidiary of consumer electronics…

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