Sila Valuation, Funding & Investors

Yinlong Group (Zhuhai Yinlong New Energy) is a Chinese manufacturer of new energy buses, including battery hybrid zero-emission models. The company has ranked among the top producers of buses over 7 meters in length in China's new energy vehicle market. Gree Electric became Yinlong's controlling shareholder in 2021 after acquiring a majority stake through a judicial auction.

SMA Solar Technology AG produces, develops, and sells systems and solutions for the efficient and sustainable generation, storage and use of solar energy. Its products include PV and battery inverters, monitoring systems for PV systems, charging solutions for electric vehicles as well as energy management systems, and digital services for the future energy supply. The company operates through the following segments; Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. The Large Scale & Project Solutions segment, which derives key revenue for the company, offers products, systems and solutions for industrial solar, storage and hydrogen projects as well as for the conversion of utility grids to a higher proportion of renewable energy.

Copper is a Reno-based startup developing home battery storage solutions. Its Copper Home system provides 13.5 kWh capacity with modular scalability up to 27 kWh, integrating solar inverters and vehicle-to-home charging. The product targets residential users in California and Nevada, qualifying for incentives under the federal Investment Tax Credit.

Jiangsu Jinsheng New Energy is a Wuxi-based high-tech company focused on research, development, production, and sales of lithium-ion battery materials and components. The firm manufactures cathode materials, anode materials, and electrolyte solutions for electric vehicles, grid energy storage, and consumer electronics. Established in 2012, it operates production facilities spanning 50,000 square meters with annual capacity over 10,000 tons of battery-grade materials. Jiangsu Jinsheng supplies major EV makers in China and holds more than 50 patents in solid-state and high-energy-density battery technologies.

GoodWe Technologies Co Ltd is engaged in Research and development, production and sales of new energy power supply equipment such as solar energy and energy storage.

NW Storm is a Paris-headquartered developer of battery energy storage systems and EV charging infrastructure as a subsidiary of NW Groupe. The company deploys utility-scale lithium-ion batteries for grid stabilization in rural France, with 340MW operational capacity targeted by 2022. It installs ultra-fast chargers supporting up to 600 points by 2023, addressing energy transition in low-density regions.

Verkor builds gigafactories for low-carbon lithium-ion battery cells targeting electric vehicles from its headquarters near Grenoble, France. The company plans a 50 GWh facility in Dunkirk by 2025, reducing carbon footprints by 80% through renewable energy and recycled materials, backed by investments from Renault Group and Schneider Electric.

Ola Electric Mobility Ltd is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Futurefactory. Its business focuses on capturing the opportunity arising out of electrification of mobility in India and it also seeks opportunities to export its EVs in select international markets in the future.

Rockpoint Gas Storage Inc independent operator of natural gas storage facilities in North America. The business has a single reportable segment, natural gas storage.

Qinghai Lihao is a Xining-based Chinese firm in new energy materials. It researches, produces, and sells lithium battery precursors and cathode materials, including high-nickel NCM powders for EV batteries. The company operates a 50,000-ton annual capacity plant, supplying CATL and BYD.

Beijing Weilan New Energy Technology is a Beijing-headquartered developer of next-generation all-solid-state batteries. Established in 2016, the company holds key patents for solid-state battery cores and employs a leading technology team. Known as WeLion, it advances production of high-energy-density cells for electric vehicles and energy storage applications.

Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Its products includes UPS, PV Inverter, Energy Storage System, Variable Frequency Drive, and EV Charger. Geographically, it operates in Taiwan, China and Vietnam, of which it derives maximum revenue from Taiwan.

HBL Engineering makes batteries, electronics for defence and railways, and electrical systems. Customers are railways, defence, and industry buyers. Headquartered in Hyderabad.

Ascend Elements is a manufacturer of battery materials recycled from spent lithium-ion batteries using hydro-to-cathode and direct recycling processes. Maynard-headquartered since 2021, the company produces pCAM precursors for EV and energy storage cathodes from sources like General Motors partnerships. Its Massachusetts facility scales to gigafactory output, reclaiming lithium, nickel, and cobalt at atomic levels for cost-effective supply chains.

StoreDot is a Herzliya-headquartered battery innovator specializing in extreme fast-charging lithium-ion cells for electric vehicles and consumer electronics. Its silicon-dominant anodes enable 80% charge in five minutes at room temperature. The company licenses technology to partners like VinFast for automotive integration. Founded in 2012, StoreDot has demonstrated prototypes at CES and secured partnerships with TDK for mobile applications using organic compound electrodes.

Antora Energy is a Sunnyvale-based provider of zero-carbon heat and electricity for heavy industries such as cement, steel, and chemicals. Its thermal batteries capture excess renewable energy from solar and wind sources to heat carbon blocks to glowing temperatures, delivering on-demand industrial process heat surpassing fossil fuel reliability. Founded in 2018, the company partners with utilities and manufacturers across North America to deploy modular systems that integrate with existing infrastructure for decarbonization.

QuantumScape is a developer of solid-state lithium-metal battery technology intended for electric vehicles and other energy-storage applications. The organization serves B2B customers and counterparties through the operating assets, products, or financial capabilities described in the cited transaction materials. Its principal economics are Product sales, Licensing, while its competitive position depends on sector expertise, asset quality, customer relationships, execution, and disciplined capital allocation. The business was founded in 2010 and is headquartered in San Jose. At the 2020 Series F date the company remained pre-commercial and used strategic capital to scale cell development and manufacturing preparations. The profile reflects the legal or operating business at the transaction date, including its historical identity where a subsequent listing, merger, privatization, disposal, or reorganization changed its name or ownership.

L & F Co Ltd is engaged in the manufacturing and distribution of electronic components. The company is organized into two business segments: Battery Material Business and Electronic Material Business. Its key products include cathode active material of secondary battery, Ink for display, heat resistant material, Ag-paste.