# QuantumScape Corporation

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

- Industry: Energy Storage & Batteries
- Headquarters: San Jose, US
- Website: www.quantumscape.com
- Total disclosed funding: $600M
- Latest round: Series F (Sep 3, 2020)
- Investors on record: 7

## About

QuantumScape Corporation, located in San Jose, US, develops advanced lithium-metal solid-state battery technology aimed at enhancing energy storage solutions for electric vehicles and other applications.QuantumScape Corporation was founded in 2010 in San Jose, US, focusing on solid-state battery technology. The company has made 9 deals to date, with its most recent funding round occurring on March 31, 2021, where it raised USD 100.00 mn led by Volkswagen AG. Jagdeep Singh, one of the co-founders, serves as the CEO and has a history in battery technology innovation.QuantumScape specializes in lithium-metal solid-state battery technology, offering anode-less battery cells that provide higher energy density and faster charging times compared to conventional lithium-ion batteries. Their products are designed for applications in electric vehicles, targeting markets in North America and Europe, with a focus on safety and efficiency. The company has established partnerships with key industry players, including Murata, to enhance battery technology.QuantumScape generates revenue through strategic partnerships and B2B sales to automotive manufacturers and energy storage providers. Their revenue model is based on long-term agreements for bulk purchases of their lithium-metal solid-state batteries, which are increasingly demanded by manufacturers pursuing zero-emission vehicles.Following its venture funding of USD 100.00 mn on March 31, 2021, QuantumScape plans to use the capital to bring its solid-state lithium-metal battery technology into mass production. The company aims to expand its product offerings and enter new markets, particularly in North America and Europe, as it prepares to meet the growing needs of the electric vehicle sector.

## Funding rounds

- Series F, Sep 3, 2020, $500M — Fidelity Investments, Janus Henderson Investors
- Series E, Sep 13, 2018, $100M — Volkswagen AG, Breakthrough Energy Ventures
- Series A, Jul 14, 2014 — Lightspeed Venture Partners
- Seed, Oct 5, 2011 — Kleiner Perkins, Khosla Ventures

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Seed
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Volkswagen AG — Series E
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series E
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series F
- Janus Henderson Investors — Series F