# Sakti3

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sakti3

- Industry: Energy Storage & Batteries
- Headquarters: Ann Arbor, US
- Website: www.sakti3.com
- Total disclosed funding: $33M
- Latest round: Series C (Dec 18, 2014)
- Investors on record: 5

## About

Sakti3, Inc. focuses on developing advanced solid-state battery technology aimed at enhancing energy storage solutions for electric vehicles and consumer electronics.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. The company's leadership is driven by a team with a strong background in engineering and commercializing battery technologies.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. The company's technology targets key industries, including automotive and portable electronics, with significant applicability in electric vehicle battery packs and mobile devices.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. Details on specific revenue figures have not been disclosed.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.

## Funding rounds

- Series C, Dec 18, 2014, $20M — Beringea, Khosla Ventures, General Motors Ventures, ITOCHU Technology Ventures, Dyson Limited
- Series B, Aug 31, 2010, $3.2M — Beringea, Khosla Ventures, General Motors Ventures, ITOCHU Technology Ventures
- Series B, Mar 30, 2010, $7M — Beringea, Khosla Ventures
- Series A, Jun 1, 2009, $2M — Khosla Ventures
- Series A, Feb 15, 2008, $1M — Khosla Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B, Series C
- Beringea (https://capitalatlas.ai/funds/beringea) — Series B, Series C
- General Motors Ventures (https://capitalatlas.ai/funds/general-motors-ventures) — Series B, Series C
- ITOCHU Technology Ventures (https://capitalatlas.ai/funds/itochu-technology-ventures) — Series B, Series C
- Dyson Limited — Series C