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Factorial Energy Raises $200 Million To Accelerate Commercialization Of Its Novel Solid-State Batteries For Electric Vehicles

PUBLIC · FACJan 20, 2022

Amount Raised

$200 Million

Round Type

Funding Round

BillericaSoftwareEnterprise SoftwareHuman ResourcesSaaS

Description

Factorial Energy (Factorial) has raised $200 million as part of a Series D round of funding that was led by Mercedes-Benz (DAI) and Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA). Funding will be used to accelerate commercial production and deployment of Factorial’s solid-state battery technology that is safer and offers up to 50 percent greater driving range than current lithium-ion technology.

Quick answer

Factorial Energy raised $200 Million in a Funding Round round, dated January 20, 2022. Factorial Energy is based in Billerica, Massachusetts, United States.

How much did Factorial Energy raise?
Factorial Energy raised $200 Million in a Funding Round round on January 20, 2022.
What does Factorial Energy do?
Factorial was founded in 2016 in Barcelona and experienced quick growth due to the fact that so many businesses face the same challenge: wasting time on never-ending manual tasks.
Where is Factorial Energy based and how big is it?
Factorial Energy is based in Billerica, Massachusetts, United States. Fundz records about 2,700 employees.
Who are the decision-makers at Factorial Energy?
Fundz holds 1 contact at Factorial Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and Human Resources around the same time

Companies in the same sectors as Factorial Energy that raised within 45 days of this round, from Fundz verified event records.

  • Coalesce raised $47M on March 3, 2022.
  • HeartCore Enterprises raised $760K (Seed) on February 9, 2022.
  • SuccessKPI raised $33M on January 13, 2022.
  • Miro raised $400M (Series C) on January 5, 2022.
  • Green Places raised $425K (Seed) on December 16, 2021.
  • Tagger Media, Inc. raised $15M on December 9, 2021.

Who to call at Factorial Energy, and when

A new round usually means Factorial Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Factorial Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Factorial Energy, from your own LinkedIn network

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Company Information

Company

Factorial Energy

Location

Billerica, Massachusetts, United States

About

Factorial was founded in 2016 in Barcelona and experienced quick growth due to the fact that so many businesses face the same challenge: wasting time on never-ending manual tasks. A few years later, in 2022, Factorial became a Unicorn, propelling us forward to continue on our mission of providing your business with a one-stop-shop solution for all people processes.

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Fundz sees it the moment Factorial Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

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Factorial Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.