Group14 selects Sagunto, Spain, for 10GWh silicon battery material plant after €150m raise
Group14 Technologies said it will build a 10GWh silicon battery material plant in Sagunto, Spain, following a €150m Series D extension. The project adds manufacturing capacity for battery materials and follows a funding round that the company said took total Series D financing above $665m.
Group14 Technologies, based in Woodinville, Washington, said it will build a 10GWh SCC55 silicon battery material plant in Sagunto, Spain.
The company closed a €150m Series D extension in October 2026, taking the round above $665m, according to the source.
The source does not provide a construction timeline or further project details.