Soelect
Greensboro, US · Founded 2018 · Delaware corporation · 1 known investors
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Soelect develops proprietary battery materials, including its LiX technology and a solid electrolyte membrane, aiming to commercialize and manufacture battery products domestically and reduce U.S. reliance on China for battery materials. The company is scaling from lab to pilot-line production of these components.
Founders & leadership
Soelect was founded in 2018 by Sung-Jin Cho.
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Sung-Jin ChoFounder · Chief Executive OfficerSung-Jin Cho is the founder of Soelect, which develops proprietary battery materials including lithium and copper foil components and solid electrolyte membranes for battery production.
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Matthew BaileyNamed on SEC filing
Investors · 1
Reported raises · per SEC filings
Form D private placements$1M disclosed across 1 of 2 rounds · 2020–2021
▶Undisclosed amountofferedNov 2021 · Other TechnologyRule 506(b)
▶Undisclosed amountofferedNov 2021 · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Matthew BaileyDirector
- Sung-Jin ChoExecutive Officer, Director
- Minimum investment
- $1M
- Proceeds to insiders
- $200K
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$1MraisedJun 2020 · 9 investors · Other TechnologyRule 506(b)
▶$1MraisedJun 2020 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Sung-Jin ChoExecutive Officer, Director
- Matthew BaileyDirector
- Amount sold
- $1M
- Minimum investment
- $25K
- Proceeds to insiders
- $150K
- First sale
- Jun 2020
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Soelect do?
- Soelect develops proprietary battery materials, including its LiX technology and a solid electrolyte membrane, aiming to commercialize and manufacture battery products domestically and reduce U.S. reliance on China for battery materials. The company is scaling from lab to pilot-line production of these components.
- Who founded Soelect?
- Soelect was founded by Sung-Jin Cho in 2018.
- Who are Soelect's investors?
- Soelect's investors include Lotte Ventures.
- How much funding has Soelect raised?
- Soelect has disclosed $1M raised across 1 of its 2 known rounds.
- Where is Soelect headquartered?
- Soelect is headquartered in Greensboro, US.
