Tech Company Financing Transactions
Stratus Funding Round
Radian Capital and private investors participated in a $32 million funding round for Stratus. The financing round was recorded on 1/28/2025.
Transaction Overview
Company Name
Announced On
1/28/2025
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Undisclosed
Investors
Radian Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
6901 Lynn Way 320
Pittsburgh, PA 15208
USA
Pittsburgh, PA 15208
USA
Phone
Undisclosed
Website
Email Address
Overview
Stratus Materials is a U.S. based developer and manufacturer of manganese-rich, cobalt-free cathode active materials for lithium-ion batteries, offering a highly compelling combination of performance, safety, cost and environmental impact to leading battery manufacturers and their OEM customers. Stratus is primarily focused on advanced cathode solutions for light- to medium-duty electric vehicles and other applications with similar requirements.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jay Whitacre
Co-Founder
Jared Mitchell
Co-Founder
Wei Wu
President
Scott Pearson
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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