SOUTH SOUND BUSINESS

Battery Startup Sila Raises $300M; Will Expand Washington Plant

Jul 21, 2026, 10:57 AM

South Sound Business...

South Sound Business

Originally published on South Sound Business.

California-based battery startup Sila, which opened a manufacturing facility last year in Moses Lake, recently announced that it received $300 million in new funding.

Founded in 2011, the startup produces next-generation battery materials — specifically a silicon-carbon material that replaces the graphite traditionally used in the anodes of lithium-ion batteries. It also helps improve performance and results in higher energy capacity, according to the company.

Sila’s Moses Lake facility was, notably, the nation’s first automotive-scale silicon-anode plant.

“This is not just about building a factory. It is about closing the gap between innovation and manufacturing in America,” said Gene Berdichevsky, Sila’s CEO and co-founder, said in a release at the time. “If we do not execute, innovation will flow to places that can … .”

Currently, the Moses Lake plant has a production capacity of about two gigawatt-hours of material that has the ability to supply 20,000-50,000 electric vehicles. The business’s newest financial boost will fund an expansion of Sila’s Washington-based operations, potentially increasing the existing volume to 10s of gigawatt-hours.

Electric-car sales have slowed in recent years, but demand is climbing for other varieties of battery application, such as drones, space hardware, robotics, and autonomous vehicles.

“Anything that AI is touching right now is driving tremendous need for better batteries,” said Berdichevsky in a statement to GeekWire.

sign up for the 425 Magazine newsletter

South Sound Business

South Sound Business...

South Sound Business

Tacoma’s Making a Difference Foundation Awarding More Than $26K in Scholarships

Originally published on South Sound Business. Tacoma’s Making a Difference Foundation yesterday announced the recipients of its 2026-27 scholarship program, which is awarding a total of $26,500 to 11 students pursuing higher education. The annual scholarship program awards students who have demonstrated academic achievement, perseverance, leadership, and a commitment to making a positive impact on […]

17 hours ago

South Sound Business...

South Sound Business

Sound Credit Union Breaks Ground on New Port Orchard Branch

Originally published on South Sound Business. Tacoma-based Sound Credit Union on Tuesday ceremoniously broke ground on a new branch in Port Orchard. The site will be Sound’s 27th full-service branch in the Puget Sound region when it opens next spring. Sound Credit Union purchased the property two years ago at the intersection of Bethel Road […]

18 hours ago

South Sound Business...

South Sound Business

NASA Selects Blue Origin as Mars Telecommunications Network Provider

Originally published on South Sound Business. NASA awarded Kent-based Blue Origin a contract Tuesday to develop the agency’s Mars Telecommunications Network, a communications system that will enable reliable, high-bandwidth communications and navigation services for current and future Mars missions, according to a NASA news release. The contract, worth up to approximately $700 million, calls for […]

22 hours ago

South Sound Business...

South Sound Business

Tacoma Has a New Dog-Friendly Brewery

Originally published on South Sound Business. A new brewery in Tacoma is going to the dogs. Redd Dog Brewing Co., which replaced Black Fleet Brewing in June, recently finished a remodel that has retrofitted the location with a spacious outdoor patio and beer garden — both of which are family-and dog-friendly, of course. The business […]

24 hours ago

South Sound Business...

South Sound Business

Career Moves: September

Originally published on South Sound Business. Preview image illustration courtesy of Salman Ahmad via Unsplash

1 day ago

South Sound Business...

South Sound Business

KeyBank Celebrates New, Full-Service Branch in Black Diamond

Originally published on South Sound Business. KeyBank last week held a grand opening and ribbon cutting for its new, full-service branch in Black Diamond, located at 32500 Main St. As part of the grand-opening events, KeyBank donated $10,000 to the Black Diamond Historical Society and $10,000 to the Black Diamond Community Center. “KeyBank is excited […]

2 days ago

Battery Startup Sila Raises $300M; Will Expand Washington Plant