Sila Lands $300M

Sila raised $300 million in a private equity round led by Atreides Management and Sutter Hill Ventures.

The battery materials company will use the capital to scale production of its Titan Silicon silicon-carbon anode technology.

Sila also plans to continue expanding its Washington facility in Moses Lake.

The funding could help strengthen U.S.-based battery supply chains for EVs and other advanced industries.