Advano: Funding, Investors & Team (Nov 2026)
The completely scalable, environmentally friendly, and locally sourced silicon-anode solution for next-generation Lithium-ion batteries has been proven by Advano, a battery materials firm based in New Orleans. The business has created and patented a novel method during the previous six years for creating silicon anode material utilizing inexpensive, readily available metallurgical silicon and recycled silicon from semiconductor waste. The company has already created the material, known as REALSiTM, in lab-scale quantities and validated it with national laboratories, automakers, and universities. Our strategy is to design sample cells that manufacturers can immediately incorporate into their modules and modify our REALSiTM material to the requirements of each application.
Advano has raised $9.5M across 1 funding round on record, the most recent an undisclosed round of $9.5M announced in Nov 2022.
That round is above the $7.7M median round size for United States companies tracked on FundedIQ over the last two years.
Advano Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Advano Funding Rounds
Advano Founders and Leadership Team
No contact details are on record for this team yet.
Advano Funding in Context
Advano's latest round of $9.5M is above the median round in United States. Medians cover the last 24 months of disclosed rounds.
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Advano Funding FAQs
What does Advano do?
The completely scalable, environmentally friendly, and locally sourced silicon-anode solution for next-generation Lithium-ion batteries has been proven by Advano, a battery materials firm based in New Orleans. The business has created and patented a novel method during the previous six years for creating silicon anode material utilizing inexpensive, readily available metallurgical silicon and recycled silicon from semiconductor waste. The company has already created the material, known as REALSiTM, in lab-scale quantities and validated it with national laboratories, automakers, and universities. Our strategy is to design sample cells that manufacturers can immediately incorporate into their modules and modify our REALSiTM material to the requirements of each application.
How much funding has Advano raised?
Advano has raised $9.5M across 1 round on record. The most recent is an undisclosed round of $9.5M announced in Nov 2022.
When did Advano last raise funding?
Advano's most recent funding round on record is an undisclosed round of $9.5M, announced in Nov 2022.
Who is the CEO of Advano?
Shiva Adireddy is listed as CEO at Advano.
Where is Advano headquartered?
Advano is based in New Orleans, Louisiana, United States.
How many employees does Advano have?
Advano is in the 11-50 employee band.
About FundedIQ's Advano Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Advano is left off this page rather than filled in.
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