Coatue Management led a group of other large institutional investors in contributing to a $590 million Series F funding for a company focused on developing silicon anodes.
Led by Founder Philippe Laffont, the New York-headquartered firm has more than $25 billion in assets and has long focused on technology, including by staffing a Menlo Park office.
Alameda, Calif.-based Sila Nanotechnologies is the first to offer Sila Nano-powered batteries to ship in consumer devices as the company ramps up to meet the demand from smartphone and automotive customers.
“We believe . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.