Human resources software startup Factorial has raised $150 million in funding at a valuation of $2.5 billion, making it one ...
Benz, Stellantis, Hyundai and Kia, which are interested in its technology's potential to power their electric vehicles.
Factorial raised a $150M Series D led by General Catalyst at a $2.5bn valuation, plus a $540M customer-value commitment, naming Germany its top growth market.
Its solid-state batteries have already proven capable of delivering over 745 miles (1,200 km) of real-world driving range.
Mercedes-Benz, Stellantis, Hyundai, and Kia are among the company’s backers, along with In-Q-Tel, which was set up by the CIA ...
Venture-capital firm General Catalyst led the funding round—that also attracted interest from Atomico and Four ...
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