Battery tech startup Sila Nano lands $45 million and Tesla veteran Kurt Kelty
Sila Technologies, the battery materials company that has partnered with BMW and Daimler, landed $45 million in new funding and hired two high-profile executives, including Kurt Kelty, who led the battery cell team at Tesla for more than a decade.
Kelty, who was on Sila Nano’s advisory board, has been appointed vice president of automotive, according to Sina Nanotechnologies. The company also hired Bill Mulligan, the former executive vice president of global operations at SunPower, as its first COO.
Kelty was most recently senior vice president of operations at indoor vertical farming company Plenty . But he was best known for his time at Tesla, where he was considered a critical link between the automaker and battery cell partner Panasonic.
“As part of Sila Nano’s advisory board, I’ve seen the results of the breakthrough battery chemistry firsthand and I could not pass up the opportunity to take it a step further and lead the company’s automotive partnership efforts,” Kelty said in a statement.
The company said Monday that an additional $45 million in investment came from Canada Pension Plan Investment Board, bringing its total funding to $340 million. Earlier this year, Sila Nano secured $170 million in Series E
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