# Coreshell Technologies

> US lithium-ion battery developer replacing graphite anodes with domestically sourced metallurgical silicon; disclosed a $30M Series B on November 11, 2026.

## Why it is interesting

The $30M equity Series B led by Ferroglobe and Access Industries is distinct from the company's March 2025 $24M strategic financing and from a separate $50M US Department of Energy manufacturing-project selection. Ferroglobe is both an investor and material supplier; supplier traceability and real battery cycle economics are central diligence questions.

## Profile

- **Latest funding:** Series B (announcement date; separate legal close date undisclosed) — $30M (November 11, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $54M
- **Stage:** series-b
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-11-11
- **Latest funding investors:** Ferroglobe, Access Industries, ADS, Helios Ventures, Pegasus Tech Ventures, Mana Ventures, Entrada Ventures

## Key facts

- Nov 11, 2026 issuer statement: closed $30M Series B co-led by Ferroglobe and Access Industries; investors also include ADS, Helios Ventures, Pegasus Tech Ventures, Mana Ventures and Entrada Ventures.
- Mar 18, 2025 official earlier $24M strategic financing, anchored by Ferroglobe and Zeon Ventures, was a separate investment.
- Aug 24, 2026: $50M DOE federal project share/selection for a planned battery-manufacturing expansion; not Series B equity and not proof of construction completion or disbursement.
- Jul 2026: eight-year L&F LFP cathode-material supply agreement, with Ferroglobe as metallurgical silicon supplier.
- Dec 2024: company announced 60 Ah commercial-scale cells; independent shipments, factory yield, per-kWh customer price, lifespan and revenue not disclosed.

## Funding history

- Series B (announcement date; separate legal close date undisclosed) · $30M · November 11, 2026
  Source: https://www.prnewswire.com/news-releases/coreshell-technologies-raises-30m-series-b-to-scale-china-free-batteries-for-us-industries-302936063.html
- Strategic financing (series label not disclosed) · $24M · March 18, 2025
  Source: https://www.coreshell.com/post/press-release-strategic-funding

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** November 11, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/coreshell-technologies