FundedIQ
Energy

Stratus Materials: Funding, Investors & Team (Sep 2026)

Leading battery manufacturers and their OEM clients can choose from a highly attractive combination of performance, safety, cost, and environmental impact thanks to Stratus Materials, a US-based developer and manufacturer of manganese-rich, cobalt-free cathode active materials for lithium-ion batteries. For light- to medium-duty electric vehicles and other applications with comparable requirements, Stratus is largely focusing on advanced cathode technologies.

www.stratusmaterials.com LinkedIn Pittsburgh, United States 11-50 employees
Total raised
$12.0M
Rounds
1
Latest
Series A
Feb 2023

Stratus Materials has raised $12.0M across 1 funding round on record, the most recent a Series A of $12.0M announced in Feb 2023.

That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Stratus Materials Company Profile and Key Stats

Total funding raised
$12.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$12.0M in Feb 2023
Employees
11-50
reported band
Headquarters
Pittsburgh, United States

Latest funding round on record: Feb 2023.

Stratus Materials Funding Rounds

Date
Round
Amount
Series A
$12.0M

Stratus Materials Founders and Leadership Team

Name
Role
Contact
Jay Whitacre
CEO
Locked

Contact details for the Stratus Materials team: 1 of 1 has an email address on file.

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Stratus Materials Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
29,722
$7.5M
8,352
$15M

Stratus Materials' latest round of $12.0M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Stratus Materials Funding FAQs

What does Stratus Materials do?

Leading battery manufacturers and their OEM clients can choose from a highly attractive combination of performance, safety, cost, and environmental impact thanks to Stratus Materials, a US-based developer and manufacturer of manganese-rich, cobalt-free cathode active materials for lithium-ion batteries. For light- to medium-duty electric vehicles and other applications with comparable requirements, Stratus is largely focusing on advanced cathode technologies.

How much funding has Stratus Materials raised?

Stratus Materials has raised $12.0M across 1 round on record. The most recent is a Series A of $12.0M announced in Feb 2023.

When did Stratus Materials last raise funding?

Stratus Materials' most recent funding round on record is a Series A of $12.0M, announced in Feb 2023.

Who is the CEO of Stratus Materials?

Jay Whitacre is listed as CEO at Stratus Materials.

Where is Stratus Materials headquartered?

Stratus Materials is based in Pittsburgh, Pennsylvania, United States.

How many employees does Stratus Materials have?

Stratus Materials is in the 11-50 employee band.

How does Stratus Materials' funding compare to other Energy startups?

Stratus Materials' latest round of $12.0M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Stratus Materials 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 Stratus Materials is left off this page rather than filled in.

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