How much funding has SES AI raised?

SES AI has raised $50.0M in total funding, most recently a Series D round.

Who are SES AI's investors?

SES AI's investors include Hyundai Motor Group, Ivanhoe Capital Acquisition Corp, Honda Motor, General Motors, Geely Capital, Kia Corporation.

Where is SES AI headquartered?

SES AI is headquartered in Woburn, Massachusetts, United States.

What industry is SES AI in?

SES AI operates in Energy Storage, Clean Energy, Electric Vehicles.

SES AI

IPO

Accelerating the world's energy transition through material discovery

Public · Woburn, United States · Founded 2012 · $50.0M raised

Energy Storage

Clean Energy

Electric Vehicles

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

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.