About Factorial

A track record of speed and success

We purposefully pursue milestones to scale a high-performing product that brings us closer to a greener future.

Top 100 Private Deep Tech Companies | Ranked #25

Tech Power Players 50 | Ranked #24

Experience and expertise

Our team of industry innovators are ready to change the world for the better.

Board members and senior advisors

Héctor D. Abruña

Founder and Advisor

Michael Bly

Board Director

Siyu Huang

Founder and CEO

Board Director

Uwe Keller

Board Director

Liad Meidar

Investor and Board Member

Praveen Sahay

Investor and Board Member

Joe Taylor

Executive Chairman of the Board

Alex Yu

Founder and CTO

Dieter Zetsche

Investor and Senior Advisor

Our investment in Factorial and other highly recognized battery partners boosts the speed and agility needed to provide cutting-edge technology for our electric vehicle portfolio. Initiatives like these will yield a faster time to market.

Carlos Tavares


By accelerating our Mercedes-Benz strategy towards ‘Electric Only’, we have set the course for a fully electric future. We will also play a leading role in the field of battery technology. With Factorial as our new partner, we are taking research and development in the field of promising solid-state batteries to the next level. To this end, we are investing a high double-digit million dollar amount in Factorial

Markus Schäfer

COO and Board of Management member

The Hyundai CRADLE team has been impressed with Factorial’s management team, technology, and novel manufacturing approach, which could make the transition to solid state seamless and cost-effective.

Henry Chung

SVP and Head of CRADLE Silicon Valley

Trusted by

Growth and tech timeline


Founded heritage company out of Cornell University


<0.2 Ah feasibility study in coin cells


0.6 Ah Li-metal chemistry validated & single layer validated


1.3 Ah fully functional prototype 10-layer


3.0 Ah prototype

Factorial founded – spin out from heritage company


Emerged from stealth

Announced first 40Ah 30-layer, graphite anode prototype


20 Ah delivered to customers


Unveiled 100+ Ah solid-state battery cell at CES

Headquartered in the US 
with a global vision







Supply Chain




Supply Chain




Supply Chain

ESG Overview

All charged up to save the planet, empower people, and advance our industry.


Creating sustainable solutions is the core of everything we do. Our efforts go beyond the batteries we develop, we ensure that our actions leave a positive impact on our planet.

Carbon neutrality
We are optimizing our supply chain to be sustainable from beginning to end. Our customers share the same priorities. Together, we are pursuing carbon neutrality by mid-2030 with the following certifications: Carbon neutral production certificate, Proof/certificate for use of renewable energy, IRMA certification (initiative for responsible mining assurance), Auditor to certify carbon neutrality of cell/battery.

End-of-life recycling
A battery’s life doesn’t end after its last charge. Improper disposal wastes resources and can harm the environment. We are developing robust end-of-life solutions to prevent this from happening. To facilitate our lithium-metal recycling, we partnered with Young Poong, to advance research into lithium-metal recycling for solid-state batteries, using surplus lithium metal from Factorial’s manufacturing process.

Factorial is an innovation powerhouse because of our people. With a team who values safety, meritocracy, agility, humility, respect, and transparency, we are reshaping how we’ll energize the communities of the future.

Diversity, Equity, and Inclusion (DEI)
Women and minority-led
>70% employees from racial and ethnic minorities
>50% millennials, >30% Gen Z
*Numbers as of July 2023

EHS team
We have an Environmental, Health, and Safety (EHS) team to ensure that our labs, equipment, and processes adhere to government and industry standards — and ultimately create a safe working space for our team.

Team benefits

  • competitive wages
  • health coverage
  • retirement plans
  • flexible time off
  • family leave

Sustainable supply chain

We are simplifying and regionalizing our supply chain by emphasizing local sourcing, and are exploring collaborations with local lithium suppliers. We require all suppliers to provide Conflict Mineral Policy Statemen. We are actively working to create supplier risk assessment to ensure suppliers are adopting sustainable operations according to ISO, IATF and RBA standards. We will be implementing an audit program for every supplier to ensure transparency and ethical compliance.

Founded on values and governed by them, Factorial pursues purposeful innovation through ethical practices and deep industry knowledge.

Strong representation
We are guided by experience, expertise, and holistic representation. Our highly skilled Board of Directors and Board of Advisors have significant automotive and battery industry experience. We also maintain strong industry and shareholder representation on our Board of Directors.

Ethical business
Everything we do adheres to our ethical business practices. We regularly update our procurement policy and procedures with respect to ESG. We believe that ethical business is good business and we hold ourselves and our suppliers to a rigorous Code of Conduct.

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