# CelLink Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cellink

- Industry: Electronics
- Headquarters: San Carlos, US
- Website: www.cellinktechnologies.com
- Total disclosed funding: $273M
- Latest round: Series D (Feb 16, 2022)
- Investors on record: 15

## About

CelLink Corporation is a specialized manufacturer of high-conductance, large-area flexible circuits that enhance power and data transmission across various sectors, particularly in clean power and automotive industries.CelLink Corporation, founded in 2012, is headquartered in San Carlos, US, focusing on the development of innovative circuit solutions. The company has raised a total of USD 250.00 mn through funding rounds, the most recent being a Series D round on February 16, 2022, led by Whale Rock Capital Partners. The founding team includes Kevin Coakley and Malcolm Brown, with Coakley currently serving as CEO.CelLink Corporation specializes in high-conductance, large-area flexible circuits designed to enhance power and data transmission for applications within the clean power and automotive sectors. Their offerings include integrated circuit solutions that combine busing, fusing, voltage monitoring, and temperature monitoring into a single circuit, improving efficiency and reducing weight compared to traditional wiring systems. The company’s innovative dielectric materials and patterned adhesive backings enable high-speed data transmission while simplifying assembly for end users. CelLink serves diverse clients including battery manufacturers and automotive OEMs across North America, Europe, and Asia.CelLink generates revenue through direct sales of high-conductance circuit solutions to clients in the automotive and energy sectors. Their B2B business model focuses on bulk orders tailored to the needs of large manufacturers, with pricing influenced by material specifications, circuit dimensions, and design complexity. Key products include proprietary aluminum and copper conductors, available in various custom thicknesses. This business model involves detailed negotiations to determine pricing and delivery timelines tailored to client requirements.CelLink Corporation plans to utilize the USD 250.00 mn raised in its recent Series D funding to construct a new factory in Georgetown, Texas, aimed at increasing production capacity. The company is also exploring opportunities to expand its market presence in the electric vehicle sector and renewable energy systems by targeting new clients and projects by 2024.

## Funding rounds

- Series D, Feb 16, 2022, $250M — T Rowe Price, Fidelity Investments, Tinicum Incorporated, 3M Company, Park West Asset Management, Robert Bosch Venture Capital, BMW i Ventures, Fontinalis Partners, Whale Rock Capital Partners, Standard Investments, Franklin Templeton, Lear Corporation, D1 Capital Partners, Atreides Capital
- Series B, Oct 29, 2019, $23M — Ford Motor Company, Robert Bosch Venture Capital, BMW i Ventures
- Series B, Oct 31, 2018 — Franklin Templeton
- Seed, Oct 30, 2015 — Robert Bosch Venture Capital

## Investors

- Robert Bosch Venture Capital (https://capitalatlas.ai/funds/robert-bosch-venture-capital) — Seed, Series B, Series D
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series B, Series D
- Ford Motor Company — Series B
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series B, Series D
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series D
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series D
- Tinicum Incorporated (https://capitalatlas.ai/funds/tinicum-incorporated) — Series D
- 3M Company — Series D
- Park West Asset Management — Series D
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Series D
- Whale Rock Capital Partners — Series D
- Standard Investments (https://capitalatlas.ai/funds/standard-investments) — Series D
- Lear Corporation — Series D
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series D
- Atreides Capital (https://capitalatlas.ai/funds/atreides-capital) — Series D