Solivis Series C Financing Raises KRW 23 Billion

Solivis Secures KRW 23 Billion Series C Financing

Solivis Series C Financing has reportedly raised approximately KRW 23 billion for the South Korean solid-electrolyte manufacturer, according to several South Korean media sources. The funding is expected to support the company’s plans to expand production capacity for sulfide-based solid electrolytes, broaden its portfolio of proprietary high-performance materials, and accelerate collaboration with global battery manufacturers. The financing represents another step in the development of Solivis as it expands its capabilities in materials intended for all-solid-state battery applications. The reported transaction also adds to the company’s cumulative fundraising since its establishment in 2020.

Production Capacity and Solid-Electrolyte Expansion

Solivis currently operates a solid-electrolyte plant for all-solid-state batteries in Hoengseong County, Gangwon Province, with an annual production capacity of 36 tonnes. The company plans to use the newly raised capital to expand this production capability, with a particular focus on sulfide-based solid electrolytes. These materials form a key component of all-solid-state battery technology, making production scale and material performance important areas for battery manufacturers developing next-generation energy-storage systems. The expansion would strengthen South Korea’s solid-state battery materials ecosystem while supporting Solivis’s efforts to develop additional proprietary high-performance materials.

Collaboration With Global Battery Manufacturers

Beyond manufacturing expansion, the reported financing is intended to accelerate collaboration with global battery manufacturers. This focus indicates that Solivis is seeking to advance both material development and commercial cooperation as solid-state battery technologies continue to develop. Since its establishment in 2020, the company has raised a total of KRW 65.2 billion, including the latest reported Series C financing. The additional capital is therefore expected to provide resources for production expansion, materials development, and broader engagement with battery industry partners. For Solivis, these activities could support the transition from technology development toward larger-scale solid-electrolyte manufacturing and collaboration.

Solivis Manufacturing Footprint

The existing facility in Hoengseong County, Gangwon Province provides South Korea-based production capability for solid electrolytes used in all-solid-state battery applications. Its current annual capacity stands at 36 tonnes, while the reported Series C proceeds are intended to enable further expansion. The company’s stated focus on sulfide-based materials and proprietary high-performance electrolytes positions production scale alongside materials development as a central part of its strategy. With cumulative funding reaching KRW 65.2 billion since 2020, Solivis is continuing to build its manufacturing and technology base for the emerging solid-state battery market.

Frequently Asked Questions

What will Solivis use its Series C financing for?
Solivis reportedly plans to use the approximately KRW 23 billion Series C financing to expand production capacity for sulfide-based solid electrolytes, develop additional proprietary high-performance materials, and accelerate collaboration with global battery manufacturers. The company currently operates a solid-electrolyte plant in Hoengseong County, Gangwon Province, with annual production capacity of 36 tonnes for all-solid-state battery applications. Since its establishment in 2020, Solivis has reportedly raised KRW 65.2 billion in total financing. The latest funding is therefore expected to support both manufacturing expansion and continued materials development.