6K Raises $51M to Accelerate Advanced Battery Material Development and Global Expansion

6K, a leader in the production of sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round.  With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team.
 
Funding will also enable a tripling of production capacity for 3D metal powders at its 6K Additive division, increase the portfolio of powder product offerings, and expand its commercial sales activities globally.
 
The financing round was led by Volta Energy Technologies, joined by new investors Catalus Capital and S Cap/Prithvi Ventures, and existing investors Anzu Partners, Launch Capital, Material Impact, and RKS Ventures.
 
“This round of capital is a validation of 6K’s model to replace wasteful legacy production technologies with the UniMelt® platform, enter scaled production, meet customer needs, move toward profitability, and transform industries,” commented Aaron Bent, CEO of 6K. “We are joined by world-class investors who are aligned with our vision to transform the way performance materials are produced. And in doing so, we are teaming to solve critical needs of the US and the planet, addressing climate change, supply chain security, and reducing the demand on our fragile and limited resources.”
 
The UniMelt production process can produce products as varied as batteries materials for electric vehicles, semiconductor materials, 3D printing powders, phosphors, advanced ceramics, and electronic materials, and much more.
 
Zander Arkin, Volta’s Chief Investment Officer, joins as a 6K Board Director, alongside Board luminaries such as Congressman Joe Kennedy III and Mark Little, previously CTO at GE. “Our investment strategy focuses on technologies that bring a positive impact to the environment and contribute to the rapid adoption of electric vehicles and renewable energy on the grid,” said Mr. Arkin. “Not only does 6K and its UniMelt platform align perfectly to our investment strategy, but the company is well poised to impact advanced material manufacturing for electric vehicle batteries with a solution that changes the dynamic of sustainability in the supply chain for battery materials.”
 
6K will be using the proceeds of the financing to expand product development and commercial activities across its multiple divisions.