Rick Luebbe
Rick Luebbe is currently the co-founder at Group14 Technologies. He founded Group14 Technologies, a startup where he remains actively involved.
Group14 Delays Moses Lake Battery Plant to 2026 and Lays Off U.S. Workers Amid Tariff and Policy Challenges
Group14 Technologies has laid off an undisclosed number of U.S. workers and delayed production at its Moses Lake battery materials plant to early 2026 due to tariff uncertainties and changes in federal clean energy policies. The company continues to operate its joint venture in South Korea, which supplies Chinese customers unaffected by U.S. tariffs.
Group14 Technologies Raises $648M to Develop Silicon-Carbon Battery Anodes, Valued Over $3 Billion
Group14 Technologies, valued at over $3 billion, is developing next-generation silicon-carbon battery anodes in Woodinville, Washington, aiming to improve power and charging speeds for batteries. Backed by investors like Porsche and Microsoft, the startup has raised over $648 million and federal support exceeding $100 million.
Pacific Northwest Startup Funding Drops 35% in 2022, TerraPower Leads Top Rounds with $750M Investment
Venture capital investment in Pacific Northwest startups dropped 35% in 2022, with funding decreasing over 50% in the year's second half amid economic cooling and rising interest rates. Despite this slowdown, some startups like Bellevue-based TerraPower secured significant funding, with its $750 million round leading the top 10 deals that accounted for 44% of total investment in the region.
Group14 Raises $214M from Microsoft Climate Fund Amid $400M Series C and $100M Federal Boost, Valued Over $3B
Group14 Technologies, a Washington-based battery materials manufacturer, raised $214 million from investors including Microsoft’s Climate Innovation Fund, adding to a $400 million Series C investment and $100 million in federal funding. The company, valued at over $3 billion, develops silicon-carbon composite anodes that enhance lithium-ion battery performance and is poised to benefit from growing EV sales and federal mandates to boost domestic battery production.
Group14 Technologies Secures $400M Series C Led by Porsche to Scale Advanced Silicon-Carbon Battery Anode
Group14 Technologies raised $400 million in Series C funding led by Porsche AG to commercialize its silicon-carbon composite battery anode technology, which improves lithium-ion battery performance by 50%. The company plans to quickly scale production to meet demand from automotive, aviation, and consumer electronics sectors.
GeekWire Names Five Finalists for 2021 Innovation of the Year; Winners Announced May 20
GeekWire named five finalists for its 2021 Innovation of the Year award, highlighting Seattle-area breakthroughs from battery materials and vaccine tech to clean-energy purchasing, insect-tracking devices, and cloud-management tools. Community voting runs through April 30 and winners will be announced May 20 at the virtual GeekWire Awards presented by Wave Business.
Organizations
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Group14 Technologies Executive Officer, Director, Promoter 2019–present, Co-founder · current
