Factorial Energy
Powering the Next Shift in Mobility & Intelligence
Billerica, United States · Founded 2019 · $200.0M raised
- Headquarters
- Billerica, Massachusetts
- Employees
- 201–500
- Founded
- 2019
- Business Model
- B2B
- Website
- factorialenergy.com
- Total Funding
- $200.0M
- Last Round
- $200.0M Series DJan 2022
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Factorial Energy is a Billerica, Massachusetts-based deep tech company developing high-performance solid-state batteries for electric mobility, defense, and AI/robotics applications. Founded in 2019 as a spin-out from a heritage company established at Cornell University in 2013, Factorial has partnered with top-tier global OEMs including Stellantis, Hyundai, and Mercedes-Benz. The company's proprietary ASSB (All-Solid-State Battery) technology is 80% drop-in compatible with existing lithium-ion production lines, enabling capital-efficient scale-up, and Factorial listed on Nasdaq in June 2026.
Summary
Factorial Energy is a Climate Tech company based in Billerica, United States, founded in 2019. It has raised $200.0M in total across 1 round, most recently a $200.0M Series D round in Jan 2022. Investors include Mercedes-Benz and Stellantis.
Tech & App Stack
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Funding History
Jan 2022
Investors
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