Georgia Tech-linked battery technology producer Sila Nanotechnologies has more than tripled its valuation to $3.3bn in the series F round.
Sila Nanotechnologies, a US-based battery materials producer co-founded by Georgia Tech faculty and former engineers of electric carmaker Tesla, has secured $590m in its series F round.
The round was led by investment manager Coatue and included funds and accounts advised by T Rowe Price, as well as 8VC, Bessemer Venture Partners (BVP), Canada Pension Plan Investment Board and Sutter Hill Ventures. It valued Sila Nano at $3.3bn post-money.
Founded in 2011, Sila Nano has developed a silicon-based…
