Solid Power to Sell $130M in Stock to Single Investor

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Solid Power, a Colorado-based battery technology company, has agreed to sell common stock and warrants worth roughly $130 million directly to a single investor. This significant investment will help the company continue its progress in developing all-solid-state battery cells, which are being tested for use in BMW's i7 electric vehicle.

Why it matters

Solid Power's all-solid-state battery technology is seen as a potential game-changer in the electric vehicle industry, offering increased energy density, safety, and longevity compared to traditional lithium-ion batteries. This large investment from a single investor demonstrates confidence in the company's technology and its ability to commercialize its products.

The details

Under the terms of the deal, Solid Power will sell the common stock and warrants directly to the unnamed investor. This funding will allow the company to further develop and scale its proprietary solid-state battery technology, which it is currently testing with partners like BMW.

• Solid Power announced the $130 million stock sale on January 28, 2026.

What’s next

Solid Power will use the $130 million in funding to further develop and scale its all-solid-state battery technology, with the goal of commercializing its products for use in electric vehicles.