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Molicel develops and manufactures high-performance lithium-ion batteries, specializing in ultra-high power cells. These advanced battery solutions are engineered for demanding applications such as energy storage, electric vehicles, and various other high-performance requirements, recognized for their consistent quality and reliability.
The company's origins trace back to Moli Energy Ltd., founded in 1977 in Canada, a collaborative effort between the University of British Columbia and Teck Mining Corp., with Teck's then-chairman Dr. Norman Keevil Sr. playing a key role. This initial venture pioneered rechargeable lithium battery technology, laying the groundwork for the enterprise that would become a leading battery manufacturer.
Today, Molicel supplies its sophisticated battery cells to industries requiring robust power solutions. The company's ongoing mission is to continue its legacy of innovation in materials research and battery development, aiming to advance the capabilities of energy storage for future high-power applications across diverse sectors.
Molicel has 1 tracked investment across 1 company. The latest tracked deal is $210.0M Series C in Group14 Technologies in December 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 1, 2022 | Group14 Technologies | $210.0M Series C | — | Amazon Climate Pledge Fund, ArcTern Ventures, BMW I Ventures, Energy Impact Partners, Hitachi Ventures, Microsoft, Lightrock, Oman Investment Authority |