Factorial Energy’s technology builds on its nano-engineered electrode materials that tripled energy capacity, quadrupled durability, reduced charging time by 66%, and cut costs by 20%. Its current focus on solid-state batteries eliminates liquid electrolytes to enhance safety and energy density, with manufacturing processes that combine advanced materials science and scalable production for applications in EV powertrains and residential energy storage.
Offers nano-engineered electrode materials for lithium-ion batteries and solid-state battery systems designed for electric vehicle powertrains and residential energy storage, featuring high energy density, improved safety, and cost-effective scalable manufacturing.
In 2025, collaborated with Stellantis to validate automotive-sized solid-state cells (375 Wh/kg) for demo EV fleets by 2026; shipped FEST® lithium-metal battery cells to Avidrone for drone applications; partnered with Mercedes-Benz on the Solstice™ solid-state platform; signed an MOU with LG Chem in 2024 to co-develop solid-state batteries.
Wave Equity Partners, Helios Capital Ventures, NXT Ventures: $22M Series B (2018); $17.2M venture funding (2021); $200M Series D (2022); total funding $288.2M (2023).