Explore potential ways to acquire Sila Nanotechnologies stock as the IPO approaches. Get access to select pre-IPO startups via the Fundrise Innovation Fund.
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Sila Nanotechnologies Stock and IPO Recent News
12/11/2023: Panasonic’s to boost US supply chain with Sila Nano deal
04/10/2023: Sila Introduces Titan Silicon™
10/30/2022: Silicon EV battery tech gets $250 million in DOE grants
07/16/2022: The New Batteries That Will Make You an EV Believer
What is Sila Nanotechnologies?
Sila Nanotechnologies is an advanced battery designer and manufacturer on a mission to engineer materials to power our future.
Lithium-ion batteries have existed since the early 1990s and power our valued electronics and electric vehicles. However, there’s been limited innovation.
Gene Berdichevsky, Tesla’s seventh employee, became frustrated with the lack of battery innovation and set out to make the lithium-ion battery more powerful and efficient.
He founded Sila Technologies in 2011.
Instead of starting from scratch, Sila Technologies discovered a way to make lithium-ion batteries more efficient by replacing the standard graphite anode with a nano-engineered silicone one. The new materials have the potential to make batteries 50% better, increasing power density and decreasing their size.
The new batteries can also lower costs and improve driving mileage for electric vehicles.
The company currently partners with WHOOP to provide batteries for its performance watches. Sila Nanotechnologies is building a factory in Moses Lake, Washington State, to build enough anode material to support the production of up to 500,000 vehicles per year.
Sila has partnered with leading automotive manufacturers to enable the adoption of its technology, lowering costs and improving charge time and mileage capabilities.
The company is based in Alameda, CA.
Here’s a video highlighting its Moses Lake Factory.
Is Sila Nanotechnologies Publicly Traded?
No. Sila Nanotechnologies is a private company.
Who Owns Sila Nanotechnologies?
Sila Nanotechnologies is a venture-backed startup. It has raised more than $880 million in private funding.
Investors include employees, founders, and venture capital firms.
The latest funding round was a Series F completed in January 2021 and led by Coatue. The deal secured $590 million to be used to build its Moses Lake manufacturing plant.
Other prominent venture capital investors include T. Rowe Price, 8VC, Bessemer Venture Partners, Canada Pension Plan Investment Board, Sutter Hill Ventures, Daimler, Chengwei Capital, Matrix Partners, and Siemens Next47.
Sila Nanotechnologies Valuation
The Series F funding round completed in January 2021 raised the Sila Nanotechnologies valuation to about $3.3 billion at $41.27 per share.
However, private market transaction data provided by Hiive suggests the early 2024 valuation is below $3 billion.
We expect a fresh private funding round or IPO filing in the coming months.
What is the Sila Nanotechnologies Stock Price?
There is no public Sila Nanotechnologies stock price yet. The company is still private.
Private stock price data provided by Hiive indicates share traded hands at around $35 dollars per share in early February, 2024.
What is the Sila Nanotechnologies Stock Symbol? Sila Nanotechnologies Ticker?
There is no Sila Nanotechnologies stock symbol yet because the company has not filed for an IPO yet.
Once the company files an S-1 with the SEC to go public, it will disclose its intended stock ticker.
Until then, we can only speculate. Here are a few potential Sila Nanotechnologies stock symbols that appear to be available in the U.S.
When is the Sila Nanotechnologies IPO Date?
Sila Nanotechnologies has not yet filed for an IPO. Though it will likely pursue an IPO in the coming years, the company appears to be focusing on building its first large manufacturing facility and delivering products to power the electric future.
As a venture-backed startup already completing six funding rounds, there will be rising pressure on the company to go public.
We won’t be able to estimate the Sila Nanotechnologies IPO date until the company files an S-1 with the SEC and it is released to the public. We can expect the IPO to be about two months away when that happens.
We may hear news about the company taking steps to move forward with an IPO, such as hiring an investment banking firm or “exploring options to go public.”
Please bookmark this page for the latest news regarding the Sila Nanotechnologies IPO date.
How to Invest in Sila Nanotechnologies Stock
Since Sila Nanotechnologies is not a public company yet, there are limited options to buy the stock. As the company matures and approaches its IPO date, the opportunity to invest will become more widespread to retail investors.
Accredited investors may find opportunities to invest in Sila Nanotechnologies stock pre-IPO. Everyone else will need to wait until the IPO or after the IPO completes.
1. Access Sila Nanotechnologies Stock Pre-IPO
The author has seen evidence of recent pre-IPO access to Sila Nanotechnologies shares on pre-IPO platforms.
A handful of pre-IPO investing platforms have emerged over the past decade to bring liquidity to startup shareowners.
Investors must be accredited to be eligible to directly own pre-IPO shares. Accredited means having a net worth above $1 million (not including primary residence) or an income above $200,000 (or $300,000 with a spouse).
Investors must also be registered and approved on pre-IPO investing platforms to receive notifications when shares become available.
Company availability varies among pre-IPO platforms. Typically, companies with a higher valuation and wide dispersion of pre-IPO equity have more opportunities to invest.
Equitybee provides accredited investors access to pre-IPO startups by funding employee stock options. In exchange, investors gain a portion of the future stock value. Other pre-IPO platforms include EquityZen, Forge Global, and Linqto.
The most accessible venture capital funds for non-accredited investors are the Fundrise Innovation Fund and the ARK Venture Fund, available at SoFi Invest. These funds enable investors to own pre-IPO companies without the accreditation hurdle.
However, neither fund owns Sila Nanotechnologies at this time.
Shares may become available when employees or other early investors want to liquidate a portion of their shares without waiting for the IPO.
Bigger funding rounds and IPO delays also increase the chances of shares becoming available pre-IPO.
If shares become available, expect at least a $10,000 investment minimum.
2. Buy stock during the Sila Nanotechnologies IPO through a participating broker
Savvy IPO investors may find opportunities to invest during the IPO. That means acquiring shares at the IPO price the night before the company begins trading.
Once reserved for Wall Street’s wealthiest customers, IPO access has become more attainable to retail investors in the past five years.
Online brokers such as the following give customers free access to IPOs, even with low account balances.
Brokers often negotiate exclusive IPO share allocations to retail investors. Your access to specific high-demand IPOs may be limited by how many brokerage accounts you have.
TradeStation has a longer track record of accessing more than 200 IPOs and secondary offerings via its partnership with ClickIPO.
Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.
3. Buy Sila Nanotechnologies stock after the IPO
Though waiting for the IPO requires patience, there are advantages to waiting for the stock to become publicly traded before owning.
First of all, the IPO allows investors to review financials. Pre-IPO investing has limited financials available.
Second, IPO stock prices typically rise with high-demand companies. You can benefit if you’re in early and sell when the price overheats.
Many IPOs start off with high valuations but then simmer down when the stock falls after the first and second-quarter earnings reports become available.
In 2021, both Rivian and Robinhood became high-flying IPO stocks. But six months after the IPO, both stocks were more than 80% below their price peak.
The stock price declines after the IPOs could become excellent entry points if you were not allocated IPO shares.
Avoid buying overvalued shares immediately after the IPO. Shares often fall after the IPO due to lockup expirations and quarterly earnings disappointments.
However, the most disruptive companies will be higher in a decade. Patience pays.
Where can I find the Sila Nanotechnologies IPO S-1 Filing?
Sila Nanotechnologies has not yet submitted an S-1 filing to the SEC. When the company does, we’ll share it here.
In the meantime, you can check out the most recent S-1 filings in our S-1 filings feed.
Sila Nanotechnologies News Archive
05/25/2022: Sila Nano is #34 on CNBC’s 2022 Disruptor List
05/17/2022: Mercedes-Benz and Sila achieve breakthrough
05/03/2022: Sila to make advanced battery materials in Washington state
09/08/2021: Your Batteries Are Due for Disruption
01/26/2021: Sila Nanotechnologies raises $590M to fund battery materials factory
01/10/2021: This company is reinventing the lithium-ion battery
11/04/2019: Battery tech startup Sila Nano lands $45 million and Tesla veteran
04/16/2019: Daimler Leads $170M Financing in Sila Nanotechnologies
Investors get excited when they identify companies riding extraordinary macroeconomic trends, such as batteries and material science. This can lead us to private companies positioning to profit from massive opportunities.
However, buying the stock early on can often prove difficult for retail investors.
Though pre-IPO investing platforms have opened more opportunities, private equity investing is still primarily reserved for the ultra-wealthy, requiring millions to invest in seed and early funding rounds for disruptive companies.
So if you decide to pursue IPO shares and early equity, maintain reasonable expectations. However, if you identify several favorite IPO companies, you may eventually be able to invest in some of your target companies.
If Sila Nanotechnologies stock is on your watch list, good luck. Invest in pre-IPO and IPO companies with caution.
Read more: Green Startups in the IPO Pipeline
* Disclosure: The web page contains affiliate links from our partners. If a reader opens an account or buys a service from a link in this article, we may be compensated at no additional cost to the reader. Opening an account with a broker that provides access to IPOs does not guarantee the customer allocations of specific IPOs. The author is long RH, TROW, RIVN.