Press Releases 08.20.25

Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc.

News & Resources

Rick Lube, Chairman of Group 14, said, “The new Sangju Group14 Technology Korea will become a strategic hub for cathode materials in Asia.”

Yeongnam Ilbo: Battery anode materials manufacturer SK Materials Group14 has changed its name to Group14 Technologies Korea and made a fresh start this month. SK Materials Group14 was established in 2022 as a joint venture between SK and U.S.-based Group14 Technologies, and it operates a silicon anode material production plant in the Cheongni General Industrial Complex in Sangju.
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