Group14 Adds €150M, Picks Spain for 10 GWh Silicon Battery Plant
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Woodinville, Wash. – October 29, 2026 -- Group14 Technologies closed a €150 million (about $169 million) Series D equity extension from a new, undisclosed investor, lifting the round to more than $665 million and unlocking a third large-scale battery active materials site in Sagunto, Spain.
BAM-4 in Spain adds 10 GWh and lifts near-term capacity to 40 GWh
The Sagunto plant, designated BAM-4, will produce Group14's SCC55 silicon-carbon material and is the company's first industrial-scale module in Europe. It brings Group14's near-term manufacturing footprint to 40 GWh.
That total comprises three sites: