ShawKwei & Partners Invests in Group14 Technologies
September 25, 2023
ShawKwei & Partners, an Asian private equity investor, made a US$34.3 million growth investment in Group14 Technologies, a U.S. manufacturer of advanced silicon-based battery materials. The capital will support Group14's commercial-scale manufacturing expansion (including factories in Washington State and a JV in South Korea) and strengthen its supply chain after the acquisition of Schmid Silicon in Germany.
- Buyers
- ShawKwei & Partners
- Targets
- Group14 Technologies, Inc.
- Industry
- Manufacturing
- Location
- Washington, United States
- Transaction Type
- Growth capital
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