Foley Hoag Represents SolidEnergy in $12M Series B Financing

February 8, 2016

Foley Hoag LLP recently represented SolidEnergy, developer of the “anode-free” battery, in its $12M Series B financing round. The company will use the funds to help establish partnerships with equipment suppliers, battery manufacturers and battery end users. The round was led by a major U.S. auto company, and syndicated by SAIC USA, Applied Ventures, LLC, and all existing investors who participated in the Series A round.

Founded in 2012 and based in Waltham, MA, SolidEnergy gained recognition with the development of the “anode-free” lithium metal battery. The company’s two material platforms, dual-layer electrolyte and ultra-thin lithium metal anode, provide transformational energy density and safety across all rechargeable lithium batteries and can be seamlessly integrated into existing Li-ion manufacturing capability.

Foley Hoag partner Mark Barnett and associates Jonathan Romiti and Sara Mattern advised SolidEnergy in the transaction.

About Foley Hoag LLP

Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and investment management fields, and in cross-border disputes. Our professionals  possess the skills  and experience to provide exceptional senior level service to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.