BMW and Ford lead Solid Power Series B funding round of $135M

Solid Power/Sulfide Solid Electrolyte Pilot Line

BMW Group and Ford Motor Company co-led a $135 million Series B funding round for Solid Power, validating the potential of sulfide solid-state batteries for automotive use. The investment signaled OEM confidence in the technology.

• Series B funding: $135 million
• Lead investors: BMW Group and Ford Motor Company
• Co-investors: Volta Energy Technologies, SK Innovation, and others
• Funds directed toward pilot production facility and automotive battery evaluation programs