Sila raises $300M for Moses Lake silicon anode plant; targets 250 GWh capacity to domicile US battery supply chain

<cite index="46-1,46-2">Sila, an advanced battery technology company, announced it has secured $300 million in a private equity round led by Atreides Management and Sutter Hill Ventures. Sila's silicon-carbon (Si/C) anode delivers 20-40% higher energy density than traditional graphite, enabling batteries that are smaller, lighter, and capable of ultra-fast charging. The funding will support expansion of its Moses Lake, Washington facility.</cite>

<cite index="43-3">The Moses Lake facility opened in fall 2025 on a 160-acre site with Phase 1 production at 2 gigawatt-hours capacity. The $300 million funds Phase 2 expansion, which Sila says will scale the site toward a target of 250 gigawatt-hours over five years, a figure that would make it one of the largest battery material plants ever built.</cite>

<cite index="43-4,45-2">China controls more than 90% of global anode material processing and more than 80% of battery cell production. Sila positions its Moses Lake plant as a domestic alternative, producing silicon anode material from silane gas supplied by REC Silicon rather than relying on Chinese graphite. Panasonic and Mercedes-Benz are named customers, though no automotive volumes have shipped yet.</cite>