# Beijing Tanneng Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-tanneng-technology-co

- Industry: Energy Storage & Batteries
- Headquarters: Beijing, China
- Website: www.carbonenergy.com.cn
- Total disclosed funding: $15M
- Latest round: Series A (Sep 1, 2023)
- Investors on record: 8

## About

Established in 2015 and based in Beijing, China, Beijing Tanneng Technology Co., Ltd. is a clean energy company that focuses on the research and development of clean energy technology. Dr. Peng Kang, The founder and chairman of the company, graduated from Stanford University. It has cooperative relationships with CSIC 718, Longyi Hydrogen Energy, Huadian Heavy Industry, Yanshan Petrochemical, Sinopec Energy Conservation Company, GTC Group, and Huaneng Group. The company has 40 full-time employees, including 5 PhDs and post-docs and more than 20 masters, with 700 square meters of basic R&D labs and 2000 square meters of engineering R&D labs. In addition, it has declared 14 invention patents, 8 of which have been authorized, 5 authorized utility model patents, and 5 registered software copyrights.

The company engaged in the development and commercialization of carbon utilization technology. The company uses carbon dioxide to produce zero-carbon clean fuels and related chemical products. Its self-developed products include carbon dioxide electrolysis to syngas equipment and alkaline electrolytic water composite diaphragm.

The company will use the series A++ funding to accelerate the product upgrading of carbon utilization technology, expand production capacity, and accelerate the landing and commercialization of negative carbon and green hydrogen business.

## Funding rounds

- Series A, Sep 1, 2023, $14M — Rosefinch Investment, Leading Capital, Legend Star
- Series A, May 1, 2022 — HSG, Jiuzhi Capital
- Series A, Dec 29, 2021 — Hong Shan, MiraclePlus
- Series A, Oct 29, 2021 — Hong Shan, MiraclePlus
- Angel, Feb 14, 2016, $0.8M — Taiyou Fund

## Investors

- Taiyou Fund — Angel
- Hong Shan — Series A
- MiraclePlus (https://capitalatlas.ai/funds/miracleplus) — Series A
- HSG (https://capitalatlas.ai/funds/hsg) — Series A
- Jiuzhi Capital (https://capitalatlas.ai/funds/jiuzhi-capital) — Series A
- Rosefinch Investment (https://capitalatlas.ai/funds/rosefinch-investment) — Series A
- Leading Capital — Series A
- Legend Star (https://capitalatlas.ai/funds/legend-star) — Series A