Stratus Material secured nearly $3M from the Department of Energy to develop advanced battery materials for electric vehicles.
Amount Raised
$3 Million
Round Type
Seed
PhiladelphiaManufacturingEnergyRenewable EnergyDescription
Stratus Material received $2,991,270 in funding from the Department of Energy to develop PhosCAM, a high energy density composite cathode material. This funding is part of a larger initiative to promote research and development in mobility technology.
Quick answer
Stratus Material raised $3 Million in a Seed round, dated December 23, 2024. Stratus Material is based in Philadelphia, Pennsylvania, United States.
- How much did Stratus Material raise?
- Stratus Material raised $3 Million in a Seed round on December 23, 2024.
- What does Stratus Material do?
- Stratus Materials is a U.S. based developer and manufacturer of manganese-rich, cobalt-free cathode active materials for lithium-ion batteries, offering a highly compelling combination of performance, safety, cost and..
- Where is Stratus Material based and how big is it?
- Stratus Material is based in Philadelphia, Pennsylvania, United States. Fundz records about 18 employees.
- Who are the decision-makers at Stratus Material?
- Fundz holds 1 contact at Stratus Material. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Stratus Material that raised within 45 days of this round, from Fundz verified event records.
- Mangrove Lithium raised $35M (Funding Round) on January 28, 2025.
- Addis Energy raised $4.3M (Seed) on January 23, 2025.
- SolidWatts raised $880K (Pre-Seed) on January 21, 2025.
- MacroCycle raised $4M (Seed) on January 21, 2025.
- Zeno Power raised $54M on January 21, 2025.
- H2SITE raised $37M (Series B) on January 17, 2025.
Who to call at Stratus Material, and when
A new round usually means Stratus Material is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Stratus Material raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Stratus Material, from your own LinkedIn network
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Related People
Stratus Material 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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