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 a staffing a Menlo Park office.
Alameda, California- 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 daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.