# Beijing WeLion New Energy Technology Co.

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

- Industry: Energy Storage & Batteries
- Headquarters: Beijing, China
- Website: www.solidstatelion.com
- Total disclosed funding: $209M
- Latest round: Series D (Sep 30, 2025)
- Investors on record: 19

## About

Established in 2016 and based in Beijing, China, Beijing WeLion New Energy Technology Co., Ltd. is a lithium battery company that provides solid-state lithium batteries. It was incubated by the Key Laboratory for Renewable Energy, Chinese Academy of Sciences. It has four production bases in Beijing, Zhejiang, Shandong, and Jiangsu. In July 2019, its production line started to operate in Jiangsu. In July 2020, the company passed the IATF16949 quality system certification. In May 2021, it has 200 invention patents. Moreover, Beijing WeLion New Energy Technology Co., Ltd., become one of the suppliers of Nio Limited and offers endurance 100 kilometers solid-state batteries. 
The company's products can be categorized into solid cells and solid battery modules. The solid cells include 22Ah solid-state lithium-ion batteries, 23Ah solid-state lithium-ion batteries, 27Ah solid-state lithium-ion batteries, and 30Ah solid-state lithium-ion batteries. The solid battery modules include solid-state lithium-ion packs 2700mAh, solid-state lithium-ion packs 3000mAh, and solid-state lithium-ion packs 2200mAh. Those products are used in the fields of new energy vehicles and ships, and large-scale energy storage.
Revenue is generated through battery cell sales to EV makers, energy storage integrators, and aerospace clients. Additional income may come from licensing, joint ventures, and system-level integration services.

## Funding rounds

- Series D, Sep 30, 2025 — Industrial and Commercial Bank of China, Beijing Guorui Investment, Shunxi Fund, Guangdong Energy Group
- Series D, Nov 4, 2022, $209M — GLP Capital Partners, China Merchants Capital, China Capital Management, CCT Fund Management, DYEE Capital, Yunhe Partners, SDIC Chuangyi, Hermitage Capital Group, Huzhou Jingkai Investment and Development Group, Zibo Jingneng Technology
- Series A, Aug 29, 2018 — CAS Venture Capital, Three Gorges Investment
- Angel, Jul 5, 2017 — Summitview Capital, Tengye Ventures, Hyperstrong

## Investors

- Summitview Capital (https://capitalatlas.ai/funds/summitview-capital) — Angel
- Tengye Ventures (https://capitalatlas.ai/funds/tengye-ventures) — Angel
- Hyperstrong — Angel
- CAS Venture Capital (https://capitalatlas.ai/funds/cas-venture-capital) — Series A
- Three Gorges Investment (https://capitalatlas.ai/funds/three-gorges-investment) — Series A
- GLP Capital Partners (https://capitalatlas.ai/funds/glp-capital-partners) — Series D
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series D
- China Capital Management (https://capitalatlas.ai/funds/china-capital-management) — Series D
- CCT Fund Management — Series D
- DYEE Capital (https://capitalatlas.ai/funds/dyee-capital) — Series D
- Yunhe Partners (https://capitalatlas.ai/funds/yunhe-partners) — Series D
- SDIC Chuangyi (https://capitalatlas.ai/funds/sdic-chuangyi) — Series D
- Hermitage Capital Group (https://capitalatlas.ai/funds/hermitage-capital-group) — Series D
- Huzhou Jingkai Investment and Development Group — Series D
- Zibo Jingneng Technology — Series D
- Industrial and Commercial Bank of China — Series D
- Beijing Guorui Investment — Series D
- Shunxi Fund (https://capitalatlas.ai/funds/shunxi-fund) — Series D
- Guangdong Energy Group — Series D