SES AI
IPOAccelerating the world's energy transition through material discovery
Public · Woburn, United States · Founded 2012 · $50.0M raised
- Headquarters
- Woburn, Massachusetts
- Employees
- 201–500
- Founded
- 2012
- Business Model
- B2B
- Website
- ses.ai
- Total Funding
- $50.0M
- Last Round
- $50.0M Series DMay 2021
- Rounds
- 1
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 6 investors for this company. The full record is or through the API.
About
SES AI Corporation (NYSE: SES) is a battery technology company founded in 2012 that originated in MIT's basement lab. SES develops and manufactures AI-enhanced high energy density Li-Metal and Li-ion rechargeable batteries — the first batteries containing electrolyte materials discovered by AI. Their Molecular Universe platform uses AI for science to map small molecules and accelerate material discovery. SES serves electric vehicle, urban air mobility (UAM), drone, robotics, and energy storage markets. The company has global operations: HQ in Woburn, MA; Giga manufacturing in Shanghai (300,000 sq ft, completed 2023); and a newer facility in Chungju, South Korea. SES went public via SPAC in 2022.
Summary
SES AI is an Energy Storage company based in Woburn, United States, founded in 2012. It has raised $50.0M in total across 1 round, most recently a $50.0M Series D round in May 2021. Investors include Hyundai Motor Group, Ivanhoe Capital Acquisition Corp and Honda Motor.
Tech & App Stack
6 technologies & apps tracked
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Funding & Exit History
Feb 2022
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Funding: Series D. Amounts, valuations, and investors where available.
Investors
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