OneD Battery Sciences Closes $25M Series C

General Motors and OneD Battery Sciences announced today the execution of a joint research development agreement focused on the potential use of OneDs silicon nanotechnology in GMs Ultium battery cells to drive significant increases in energy density for longer range and reduced cost. GM Ventures and Volta Energy Technologies also participated in OneDs Series C funding round, which the company recently closed at $25 million. The company operates a SINANODE pilot production program to support the development of advanced electrochemical cells and the production scale-up of its industrial partners. In 2013, OneD Battery Sciences acquired Nanosys nanowire technologies (SINANODE) and its Palo Alto R&D activities. Today, the Palo Alto-based company has over 240 granted patents and applications in large scale anode production and innovative EV battery designs.