Sakti3

Energy Storage & BatteriesSeries CAnn Arbor, USsakti3.com

Latest round

Series C

Last raised

Dec 2014

Total raised

$33M

Investors

5

About Sakti3

Sakti3, Inc.Founded in 2007 in Ann Arbor, US, Sakti3, Inc. specializes in solid-state battery technology. The company was acquired by Dyson Limited in October 2015 for USD 90 mn. The acquisition aligns with Dyson's strategy to invest in energy storage solutions, indicating a significant pivot in Sakti3's operational focus.Sakti3, Inc. specializes in innovative solid-state battery solutions designed to improve energy storage capabilities. Their products aim to enhance performance metrics for electric vehicles and consumer electronics, providing higher energy density and safety compared to traditional lithium-ion batteries.Sakti3 generates revenue through strategic partnerships and licensing agreements with major manufacturers in the automotive and electronics sectors. The company’s financial model includes long-term contracts focused on integrating its battery technology into products, ensuring a steady revenue stream from collaborative ventures and development agreements.With the recent acquisition by Dyson Limited, which occurred in October 2015, Sakti3 plans to leverage the investment to accelerate the development of its solid-state battery technology. The company aims to enhance its product line with new energy storage solutions targeted for release by 2023. Additionally, it intends to expand its presence into European and Asian markets, focusing on partnerships with automotive manufacturers to integrate its technology into future electric vehicle models.

Who invested in Sakti3

5 investors across 5 rounds

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Funding rounds

  1. Series C

    Dec 18, 2014

    Amount

    $20M

    Investors

    Locked

  2. Series B

    Aug 31, 2010

    Amount

    $3.2M

    Investors

    Locked

  3. Series B

    Mar 30, 2010

    Amount

    $7M

    Investors

    Locked

  4. Series A

    Jun 1, 2009

    Amount

    $2M

    Investors

    Locked

  5. Series A

    Feb 15, 2008

    Amount

    $1M

    Investors

    Locked

Questions about Sakti3

Who invested in Sakti3?

Sakti3 has 5 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sakti3 raised?

Sakti3 has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Sakti3 last raise money?

Sakti3's most recent round on record is a Series C, in Dec 2014.

What does Sakti3 do?

Sakti3 is a energy storage & batteries company.

Where is Sakti3 headquartered?

Sakti3 is headquartered in Ann Arbor, US.

Which VCs invest in companies like Sakti3?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Sakti3's stage. Their profiles are linked below.

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