About QuantumScape
QuantumScape develops solid-state lithium-metal batteries aimed at improving energy storage. Their batteries feature an anode-less cell design, which allows for higher energy density, faster charging, and enhanced safety compared to traditional lithium-ion batteries. This design not only improves performance but also reduces material costs and simplifies manufacturing. Targeting the transportation sector, QuantumScape's batteries are designed to address the limitations of current electric vehicles, making them safer, longer-lasting, and more efficient. The company's goal is to provide a superior energy storage solution that contributes to a lower carbon future by reducing emissions in the transportation industry.
San Jose, CaliforniaHeadquarters
2010Year Founded
$1,058.3MTotal Funding
IPOCompany Stage
Automotive & Transportation, Industrial & Manufacturing, EnergyIndustries
501-1,000Employees
Risks
Leadership transition may lead to strategic shifts or instability.
Potential dilution of existing shareholders due to the public offering.
Competition from companies like Toyota developing similar solid-state batteries.
Differentiation
QuantumScape's anode-less cell design reduces material costs and simplifies manufacturing.
Their solid-state lithium-metal batteries offer higher energy density and faster charging.
QuantumScape focuses on the transportation sector, targeting electric vehicle manufacturers.
Upsides
Growing investments indicate confidence in QuantumScape's future prospects.
The public offering aims to raise $300 million for research and development.
New board members could bring fresh perspectives and strategies to leadership.
Funding
Total raised$1.06 B
Latest valuation$3.30 B
StageIPO
POST IPO EQUITY
7/31/2023$300
SPAC IPO
10/31/2020$180
$3.30 BSPAC PRIVATE PLACEMENT
10/31/2020$500
$3.30 BLATE VC
5/31/2018$100
$1.00 B