Solid Power Inc. (SLDP)
The University of Colorado Connection
Solid Power was established with the mission to revolutionize batteries. The company was founded in collaboration with CU Boulder in 2017, with an exclusive licensing agreement on university-owned Intellectual Property (IP) from the visionary work of associate professors Conrad Stoldt and Se-Hee Lee (Mechanical Engineering), with support from the Defense Advanced Research Projects Agency (DARPA). Aiming to double rechargeable battery energy density, Solid Power secured several million dollars in grant funding, including federal grants from agencies like the Advanced Research Projects Agency–Energy (ARPA-E), Air Force and Department of Energy (DOE) and an investment round led by BMW, Ford and Volta Technologies before Solid Power went public in 2021. Read More
Funding Status and Investment Opportunities
- Industry: Environmentalism and Sustainability
- Funding Stage: Exit
- Contact for Investment Inquiries: Solid Power Inc. (SLDP)
In the News
- Sustainable Spinouts: Innovation in Action (2025, Colordan Magazine)
- Ford EV partnership with Solid Power extended through 2025 (2024, Ford Authority)
- Thornton’s Solid Power gets $50 million from feds to expand, prove out EV battery technology(2024, The Colorado Sun)
- BMW Gets First Batch Of Solid-State Batteries From Solid Power (2023)
- CU Boulder spinout Solid Power is building a better battery for consumers and the climate (2023)
- DOE awards Solid Power $5.6M to develop more affordable and efficient electric vehicle batteries (2023)
- Solid Power announces new commitment with BMW (2022)
- Powering the next generation of vehicles: Solid Power begins pilot production of solid-state EV batteries (2022)
- Solid Power CEO interviewed on CNBC's Squawk on the Street (2022)
- CU spinout Solid Power, industry-leading all-solid-state battery producer, now public (2021)
- Solid Power to ramp up production of solid state battery cells for electric cars (2021)
- CU spinout Solid Power, industry-leading all-solid-state battery producer, to list on NASDAQ (2021)
- BMW and Ford invest in CU Boulder spinout Solid Power to secure all solid-state batteries for future electric vehicles(2021)
- U.S. Sen. Michael Bennet tours Solid Power's battery research facility (2020)
- Solid Power, CU Boulder spinoff, forms partnership with Ford Motor Co. to further develop batteries for next-gen electric vehicles (2019)
This page was last updated Aug. 9, 2023. Please contact us for corrections or updates
The Insider Investor E-Newsletter
Media Inquiries
For marketing and communication inquiries, contact Daniel Leonard, senior marketing and communications specialist for Venture Partners at CU Boulder.
For media inquiries, please visit colorado.edu/news/formedia.