# Coreshell Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coreshell-technologies

- Industry: Energy Storage & Batteries
- Headquarters: San Leandro, US
- Website: www.coreshell.com/
- Total disclosed funding: $42M
- Latest round: Series A (Mar 18, 2025)
- Investors on record: 19

## About

Coreshell Technologies, Inc., based in the US, focuses on developing high-performance silicon anodes for electric vehicle batteries, offering advanced energy storage solutions that outperform traditional materials.Coreshell Technologies, Inc. specializes in silicon anodes for electric vehicle batteries. Founded in 2017 in San Leandro, California, by Jonathan Tan and Roger Basu, the company has secured a total of USD 24.00 mn through its Series A funding round on March 18, 2025. Coreshell has completed 7 deals to date, with significant participation from investors such as Asymmetry Ventures and Entrada Ventures.Coreshell specializes in the development and production of high-performance silicon anodes for electric vehicle (EV) batteries. Their offerings utilize metallurgical-grade silicon as a cost-effective alternative to graphite, significantly enhancing energy storage capacity. The company's battery cells aim to address industry challenges while ensuring rapid scalability in the EV market, with applications in collaboration with automotive manufacturers and battery integrators across North America and Europe.Coreshell generates revenue primarily through direct sales of its silicon-based battery solutions to commercial clients in the electric vehicle sector, engaging in business-to-business agreements for bulk purchases. Their flagship product, the 60 Ah battery cell, is structured around advanced technology, with revenue potentially supported by partnerships within the automotive industry.In March 2025, Coreshell Technologies, Inc. raised USD 24.00 mn in Series A funding, with plans to utilize the capital to expand battery cell production and hire new team members. The company is focused on launching upcoming products designed to enhance their battery solutions and aims to penetrate new markets, particularly in regions with high EV demand, further solidifying its presence within the sustainable transportation sector.

## Funding rounds

- Series A, Mar 18, 2025, $24M — Foothill Ventures, Trousdale Ventures, Entrada Ventures, Asymmetry Ventures, Translink Investment, Lane VC, Helios Climate Ventures, Zeon Ventures
- Series A, Dec 17, 2021, $11M — Industry Ventures, Asymmetry Capital Management, Helios Capital, Trousdale Ventures, Tsingyuan vc, Entrada Ventures
- Seed, Aug 13, 2020, $4M — California Energy Commission, Alchemist Accelerator, Baruch Future Ventures, Bossa Nova Investimentos, SEMA Translink Investment, Foothill Ventures, Entrada Ventures, Berkeley SkyDeck Fund
- Seed, Aug 1, 2018, $3.5M — Blue Bear Ventures

## Investors

- Blue Bear Ventures (https://capitalatlas.ai/funds/blue-bear-ventures) — Seed
- California Energy Commission — Seed
- Alchemist Accelerator (https://capitalatlas.ai/funds/alchemist-accelerator) — Seed
- Baruch Future Ventures — Seed
- Bossa Nova Investimentos (https://capitalatlas.ai/funds/bossa-nova-investimentos) — Seed
- SEMA Translink Investment — Seed
- Foothill Ventures (https://capitalatlas.ai/funds/foothill-ventures) — Seed, Series A
- Entrada Ventures (https://capitalatlas.ai/funds/entrada-ventures) — Seed, Series A
- Berkeley SkyDeck Fund (https://capitalatlas.ai/funds/berkeley-skydeck-fund) — Seed
- Industry Ventures (https://capitalatlas.ai/funds/industry-ventures) — Series A
- Asymmetry Capital Management — Series A
- Helios Capital (https://capitalatlas.ai/funds/helios-capital) — Series A
- Trousdale Ventures (https://capitalatlas.ai/funds/trousdale-ventures) — Series A
- Tsingyuan vc — Series A
- Asymmetry Ventures (https://capitalatlas.ai/funds/asymmetry-ventures) — Series A
- Translink Investment — Series A
- Lane VC (https://capitalatlas.ai/funds/lane-vc) — Series A
- Helios Climate Ventures (https://capitalatlas.ai/funds/helios-climate-ventures) — Series A
- Zeon Ventures (https://capitalatlas.ai/funds/zeon-ventures) — Series A