# Beichen Innovation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beichen-innovation

- Industry: Materials
- Headquarters: Shenzhen, China
- Total disclosed funding: $14M
- Latest round: Series A (Nov 28, 2023)
- Investors on record: 4

## About

Established in 2020 and based in Shenzhen, China, ??????????????? trading under the name Beichen Innovation is a material science and technology company that focuses on the application of manganese materials in battery cathode materials, including lithium manganese iron phosphate precursors. The company currently has a mass production capacity of 1,000 tons, while a production line of 20,000 tons is under construction. In November 2023, it closed a round of series A funding.

The company has a platform-type technology for the production of phosphate series precursors, and the main product is lithium manganese iron phosphate precursor, which is the basis for the preparation of lithium battery anode materials. The Company's lithium ferromanganese phosphate precursor has a special molecular structure, which can realize a high proportion of manganese content of 65%-75% and improve the compaction density, capacity and cycle times of lithium ferromanganese phosphate battery electrode. Meanwhile, the company's platform-based technology can realize the simultaneous production of different products such as lithium iron phosphate precursor and lithium manganese iron phosphate precursor under the same production line equipment configuration.

## Funding rounds

- Series A, Nov 28, 2023, $14M — Leading Capital, Lenovo Capital and Incubator Group, Incubator Group, Zhejiang Supcon Technology Co.,Ltd.

## Investors

- Leading Capital — Series A
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series A
- Incubator Group — Series A
- Zhejiang Supcon Technology Co.,Ltd. — Series A
