Group14 Secures €150M to Expand Global Manufacturing

Group14 Technologies, a leading manufacturer of advanced silicon battery materials, has announced the closure of a €150 million Series D equity extension. This funding, from an undisclosed investor, increases the total for Group14's Series D round to over $665 million. It will be used to develop the company's third large-scale Battery Active Materials site in Spain, known as BAM-4.

Alongside its expansion in Europe, Group14's BAM-3 in Korea is operational, while BAM-2 in the US is expected to start in the first half of 2027. The new site in Spain will increase their near-term manufacturing capacity to 40 GWh, supporting industries globally.

This strategic move positions Group14 near Europe's key OEM supply chains. The expansion is part of their vision to maintain a flexible supply chain, supporting automotive, tech, and manufacturing across North America, Asia, and Europe.