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Coreshell raises $24 million to fund commercialization of domestically sourced lithium-ion battery anode material

  • Battery technology company Coreshell has raised $24 million in funding to scale the production of its domestically-sourced lithium-ion battery anode material.
  • The funding round was led by Ferroglobe and Zeon Ventures, with participation from other investors.
  • Coreshell operates a manufacturing plant in California and plans to deliver commercial samples of its battery cells to automakers this year.
  • The company's breakthrough in cell design using unrefined metallurgical silicon anode material offers increased range, lighter weight, and cost reduction.

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