Factorial Inc.
Woburn, Massachusetts-based Factorial Energy is a solid-state battery technology company developing high-energy-density batteries for electric vehicles and grid storage applications. The company focuses on advanced battery materials and manufacturing processes, with strategic partnerships with major automotive OEMs.
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Battery Technology CompanyOEM/Equipment
Strategic Overview
- Factorial Energy's primary strategic focus is on developing and commercializing its proprietary solid-state battery technology for the automotive sector.
- The company actively seeks strategic partnerships with major automotive OEMs for joint development, investment, and future supply agreements.
- While primarily focused on EVs, their solid-state battery technology has potential applications in broader energy storage infrastructure, indicating a future expansion opportunity.
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Sign up free →Deal Activity from Public Sources
Joint development agreement and strategic investment from Mercedes-Benz for solid-state battery technology.
Stellantis Ventures invests in Factorial Energy to accelerate development of solid-state battery technology.
Hyundai Motor Company and Kia Corporation partner with Factorial Energy to advance solid-state battery technology.
Investment Focus
Technologies
Battery Storage1
EV Charging1
Geography
Germany1
Key People
Siyu Huang
CEO
Alex Yu
CTO
Track Record
4
Years Active
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage
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