Aprius
Aprius is a technology company.
Financial History
Aprius has raised $33.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Aprius raised?
Aprius has raised $33.0M in total across 3 funding rounds.
Aprius is a technology company.
Aprius has raised $33.0M across 3 funding rounds.
Aprius has raised $33.0M in total across 3 funding rounds.
Amprius Technologies (NASDAQ: AMPX) is a leading manufacturer of high-energy and high-capacity lithium-ion batteries using proprietary silicon anode technology, delivering the industry's highest energy density cells for electric mobility applications.[1][2][3] The company builds advanced silicon anode batteries like SiMaxx and SiCore platforms, serving industries such as unmanned aviation, light electric vehicles, electric vehicles, and wearables by solving key limitations in traditional batteries—enabling longer range, faster charging, higher payloads, and operation in extreme temperatures.[2][3][4] With headquarters in Fremont, California, Amprius has shipped cells to over 175 customers, secured repeat purchase orders like a $35 million deal from a UAS manufacturer, and expanded manufacturing to MWh-scale in Fremont and GWh-scale partnerships in China and beyond, positioning it for strong growth momentum into 2025 with projected production ramps.[1][3][4]
Amprius Technologies was founded in 2008, leveraging silicon's potential to achieve a breakthrough in battery performance.[2][5] The company finalized its silicon anode design in 2014, began kWh-scale manufacturing in 2016, secured its first sales in 2018, completed an IPO on the NYSE in 2022, and launched MWh-scale expansion with GWh-scale contract manufacturing partnerships in 2024.[2] Key milestones include shipping commercial product starting around seven years ago (circa 2018) and introducing a second-generation mainstream product nearly two years ago (circa late 2023), which has driven rapid adoption.[6] Led by CEO Kang Sun, the team has focused on scaling from R&D in Fremont to global production, powering mission-critical systems and making high-density silicon batteries more accessible.[1][2][4]
Amprius stands out through its silicon anode innovations and scalable production:
Amprius rides the explosive growth of electric mobility, projected to exceed $200 billion by 2032, by addressing battery density bottlenecks critical for EVs, drones, and aviation.[3][4] Timing aligns with surging demand for longer-range, faster-charging solutions amid global electrification pushes, favorable policy support for clean energy, and supply chain shifts toward advanced materials like silicon.[2][4] Market forces like aviation electrification and light EV expansion favor Amprius, as its tech powers mission-critical systems and influences the ecosystem through partnerships, R&D leadership, and enabling higher-performance applications across air, land, and sea.[1][3][6]
Amprius is primed for 2025 acceleration with Fremont production hitting 2 MWh annually, contract manufacturing scaling to multi-GWh, and R&D investments targeting aviation, light EVs, and broader markets.[4] Trends like electric aviation boom, payload-optimized EVs, and global manufacturing expansion will shape its path, potentially capturing significant share in high-performance segments.[3][4] Its influence may evolve from niche innovator to mainstream supplier, revolutionizing mobility as silicon anodes become standard—building on its energy density edge to power the next era of electric innovation.[2][4]
Aprius has raised $33.0M in total across 3 funding rounds.
Aprius's investors include New Enterprise Associates, Sierra Point Ventures.
Aprius has raised $33.0M across 3 funding rounds. Most recently, it raised $20.0M Series B in September 2008.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2008 | $20.0M Series B | New Enterprise Associates, Sierra Point Ventures | |
| May 1, 2007 | $11.0M Series A | New Enterprise Associates | |
| Dec 1, 2005 | $2.0M Series A | New Enterprise Associates |