Fundraising Fox

Soelect

Greensboro, US · Founded 2018 · Delaware corporation · 1 known investors

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.

SCSung-Jin Cho
Sung-Jin ChoinFounder
MB
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 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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

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.