Seattle-area startup Group14 raises $17M to charge up battery-enhancing tech

Rick Luebbe, CEO and co-founder of Group14 Technologies. (Group14 Photo)

Woodinville, Wash.-based Group14 Technologies has raised $17 million to expand development and sales of its silicon-carbon composite material that can replace the graphite anodes in lithium-ion batteries, dramatically improving their performance.

The new funding will allow the company to ramp up manufacturing at its pilot production facility and will help with next year’s groundbreaking of a large-scale plant in Moses Lake in Eastern Washington.

Group14 will begin deliveries to its first commercial customers in consumer electronics in the first quarter of next year. The company is also

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