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Solivis, selected by Unid, attracts 20 billion investment... “Solid-state exhibition is mass-produced”

About 10 companies including Korea Technology Finance Corporation participated in Series B

Possesses top-level solid electrolyte mass production technology

“Goal to be No. 1 in all-solid-state battery material by 2030”

Solivis (CEO Dong-wook Shin), a company specializing in sulfide-based solid electrolytes, has completed attracting Series B investment worth 20 billion won to establish a mass production plant.

Solivis announced on the 19th that it successfully completed a Series B investment worth 20 billion won from about 10 leading domestic large corporations and institutional investors, including Korea Technology Finance Corporation, KOSPI-listed companies, venture investment companies, securities companies, and financial companies.

Since its establishment in 2020, Solivis has attracted Series A in 2021 and invested a total of 15 billion won to build a central research center and pilot production facility in the Misa district of Hanam, Gyeonggi-do. With the completion of Series B investment worth 20 billion won, we plan to speed up the establishment of a factory for mass production.

Solivis solid electrolyte is known to have the highest level of ionic conductivity in the industry. The industry estimates that the company will be able to gain a relative advantage in cost competitiveness through its self-developed synthesis method.

As Solivis secures sufficient ammunition through this investment attraction, it plans to launch a task force team and promote the establishment of a mass production factory. The pilot production facility within the research center will also be expanded. In addition, we plan to expand R&D and professional manpower and accelerate the expansion of sales to secondary battery manufacturers and automobile OEMs.

Dong-wook Shin, CEO of Solivis, said, “Despite the worst investment environment in history last year, our success in attracting Series B investment is a feat that has been recognized in the capital market as Solivis’ mass production technology for ‘solid electrolyte for all-solid-state batteries’ as the most innovative technology that will dominate the market.” He said, “We will strive to become the global No. 1 company in the all-solid-state battery materials field by 2030.”

Solivis is Korea's first all-solid-state battery research institute-based innovative technology company. With its own technology, it holds world-class solid electrolyte mass production source technology and a number of related patents. CEO Shin is a world-renowned scholar who has worked as a professor in the Department of Materials Science and Engineering at Hanyang University for over 20 years and has researched solid-state batteries, with a doctorate in materials engineering from Rensselaer Institute of Technology in the United States. He is known as an expert in the field of all-solid-state batteries and solid electrolytes, including carrying out the first all-solid-state battery national research project in Korea.

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