# Baoshilai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baoshilai

- Industry: Materials
- Headquarters: Suzhou, China
- Website: www.cnbaoshilai.com
- Latest round: Series B (Mar 4, 2026)
- Investors on record: 3

## About

Based in Suzhou, China and founded in 2022, Baoshilai New Material Technology (Suzhou) Co., Ltd., trading as Baoshilai, is a manufacturer of electrodes and related products for hydrogen production. The company operates an advanced materials engineering R&D center and a manufacturing facility in Suzhou. In March 2026, Baoshilai raised a Series B funding from Changshu Guofa Venture Capital and Suzhou Zhuopu Fund Management.
The company provides electrodes and other components for hydrogen production. The main products include BSL-1.0, BSL-4.0, and BSL-5.0 series electrodes, nickel meshes which are used as anode & electrode substrates and PPS membranes and diaphragms used for alkaline electrolyzers. The company generates revenue from producing electrodes and related materials for hydrogen production.
The company generates revenue from producing electrodes and related materials for hydrogen production.

## Funding rounds

- Series B, Mar 4, 2026 — Changshu Guofa Venture Capital, Suzhou Zhuopu Investment Fund Management
- Series A, Feb 1, 2024 — Huaxu Fund Management

## Investors

- Huaxu Fund Management (https://capitalatlas.ai/funds/huaxu-fund-management) — Series A
- Changshu Guofa Venture Capital (https://capitalatlas.ai/funds/changshu-guofa-venture-capital) — Series B
- Suzhou Zhuopu Investment Fund Management (https://capitalatlas.ai/funds/suzhou-zhuopu-investment-fund-management) — Series B