What is SES AI?
SES AI (NYSE: SES) operates at the intersection of advanced materials science and artificial intelligence, focusing on the development of high-performance Li-Metal batteries. By integrating a proprietary AI algorithm to monitor battery health and safety, the company provides a compelling alternative to traditional Li-ion technology, offering superior energy density and range for electric transportation. Headquartered in Boston, SES AI has distinguished itself through deep-tech partnerships with global automotive leaders, including General Motors, Honda, and Hyundai, positioning itself as a pivotal supplier in the global transition toward sustainable mobility.
How much funding has SES AI raised?
SES AI has raised a total of $306.4M across 8 funding rounds:
Series A
$4.5M
Private Equity
$11.5M
Series B
$12M
Debt
$4.7M
Series C
$34.4M
Debt
$350K
Series D
$139M
Corporate Investment
$100M
Series A (2013): $4.5M with participation from Vertex Ventures China
Private Equity (2015): $11.5M, investors not publicly disclosed
Series B (2016): $12M, investors not publicly disclosed
Debt (2017): $4.7M, investors not publicly disclosed
Series C (2017): $34.4M, investors not publicly disclosed
Debt (2020): $350K with participation from PPP
Series D (2021): $139M led by General Motors, Applied Ventures, Temasek, and SK Inc.
Corporate Investment (2021): $100M supported by Hyundai Motor Company
Key Investors in SES AI
General Motors
A global automotive leader that designs and manufactures vehicles, providing critical industry validation and supply chain integration for battery technology startups.
Applied Ventures
The venture capital arm of Applied Materials, specializing in deep-tech investments that support the scaling of disruptive semiconductor and cleantech innovations.
Temasek
A global investment firm based in Singapore that acts as a generational investor, focusing on long-term value creation across diverse technology and industrial sectors.
What's next for SES AI?
With the infusion of recent capital, SES AI is well-positioned to accelerate its joint development agreements and transition from pilot-scale innovation to mass-market deployment. The strategic focus will likely center on optimizing manufacturing processes for its large-format Li-Metal cells and expanding its AI-driven safety infrastructure. As the automotive sector faces increasing pressure to improve vehicle range and safety, SES AI's ability to deliver a smarter, lighter battery solution will be central to its long-term competitive advantage and market penetration strategy.
See full SES AI company page
