Sila Valuation, Funding & Investors

Versigent PLC designs and manufactures low- and high-voltage electrical architectures. Its products include signal, power, and data distribution systems used in sectors such as automotive, commercial vehicles, agriculture, and energy storage. The company operates engineering and manufacturing facilities across multiple regions and serves customers through an international network.

QuantumScape Corporation is an American company that researches and develops solid-state rechargeable lithium metal batteries for use in electric cars. It was founded in 2010 and is headquartered in San Jose, California, employs around 850 people. Major investors include Volkswagen Group and Bill Gates.

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.

Sungrow New Energy is a Hefei-based developer of integrated solutions for photovoltaics, wind power, and hydrogen storage systems. It provides EPC services for multi-energy projects including 1 GW solar farms and offshore wind installations in China and Southeast Asia.

Headquartered in Changzhou, Jiangsu Province, CALB a leading new energy company specializing in the development, production, sales, and market application of lithium-ion batteries, battery management systems and related integrated products, and lithium battery materials. The company’s products mainly include electric vehicle batteries and energy storage system products. Established in 2015 via a spinoff from its parent company, which was ultimately controlled by Aviation Industry Corporation of China, CALB has become one of the leading EV battery companies. With 4% market share in 2024 in terms of installed capacity, CALB ranked fourth among global EV battery companies and third in China with 7% market share.

Gibson Energy Inc is an oil infrastructure company engaged in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. The company's reportable segments are: Infrastructure and Marketing. The majority of its revenue is generated from the Marketing segment, which is involved in the purchasing, selling, storing, and optimizing of hydrocarbon products (such as crude oil, natural gas liquids, road asphalt, etc.) and marketing its refined products. The Marketing segment sources the majority of its hydrocarbon products from Western Canada as well as the Permian Basin and markets those products throughout Canada and the United States. Geographically, the company generates maximum revenue from Canada.

Hithium Energy Storage is a Shenzhen-based manufacturer specializing in lithium iron phosphate batteries, core materials, and energy storage systems. It operates four R&D centers and intelligent production lines, emphasizing safety enhancements and extended battery lifespans for grid, industrial, and residential applications.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

Form Energy is a Somerville-headquartered company that develops iron-air batteries for multi-day energy storage from wind and solar sources. These 100-hour duration systems deliver dispatchable clean power to electricity grids across North America. The technology defers construction of new transmission lines and displaces fossil fuel peaker plants. Originating from MIT research, Form Energy partners with utilities such as Xcel Energy and Georgia Power for pilot projects in Colorado, Minnesota, and Georgia. The company operates manufacturing facilities in West Virginia and Vermont to scale production for grid integration.

Beijing HyperStrong Technology Co Ltd is engaged in research and development, production and sales of electrochemical energy storage systems. It is a ESS integrator and service provider. Its product include HyperBlock III, HyperBlock II, HyperCube Pro, HyperBox, etc.

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.

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.

Liontown Ltd is a battery minerals provider focused on supplying minerals used in energy and industrial applications. It holds two lithium deposits in Western Australia and seeks to expand its portfolio through exploration, partnerships, and acquisitions. The company also considers participating in downstream activities where having control of mineral deposits may offer operational advantages.

Rockpoint Gas Storage Inc owns and operates natural gas storage facilities across North America, providing critical capacity for the reliable supply of natural gas in key producing and consuming regions. The company generates revenue by offering customizable natural gas storage solutions to clients, and is categorized into Fee for Service revenue and Optimization revenue. It also operates Access Gas Services, which delivers natural gas supply and related services to commercial, industrial, and residential customers in Canada. The company’s assets are strategically located in regions including Alberta, California, Oklahoma, and Texas. Its business focuses on managing and optimizing natural gas storage infrastructure without owning physical retail outlets.

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.

Aegis Logistics Ltd. is an oil, gas, and petrochemical logistics company based out of India. It operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services. Clients consist mainly of Indian industrial companies and retail customers that utilize gas stations. The majority of revenue is derived from gas terminal operations. Gas logistics encompasses complete supply chain management and delivers both pressurized and refrigerated cargoes to several ports on the coastline of India, including its own LPG terminals. Terminals include tank farm installations and are connected by pipelines at various sites. The pipelines handle exportation and importation of various products.

Sunwoda Electric Vehicle Battery is a provider of lithium-ion battery pack solutions for electric vehicles, leveraging proprietary battery management systems and automated production lines for cell sorting, module assembly, and pack integration. The company supplies new energy vehicle manufacturers with high-safety packs designed for passenger cars and commercial fleets.

Joulent is an energy infrastructure company. It creates large-scale power setups that integrate turbines, battery storage, and renewable sources aimed at data centers and industrial users. The system uses artificial intelligence to manage local and utility resources for reliable high-volume electricity supply.