# Deephytec

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

- Industry: Energy Storage & Batteries
- Headquarters: Shenzhen, China
- Total disclosed funding: $1.5M
- Latest round: Angel (May 24, 2023)
- Investors on record: 3

## About

Established in 2022 and based in Shenzhen, China, Deephytec is a battery company that develops high-temperature proton exchange membrane fuel cells. The team consists of a chief scientist who is a member of the Canadian Academy of Engineering, as well as several PhDs and masters, and is housed in the national recycling economy technology R&D incubation platform. Professor Werner Lehnert, Chair Professor of Mechanical Engineering at RWTH Aachen University, was invited to join as the chief advisor. In May 2023, the company raised angel+ funding from Hina Group, Albatross Venture, etc. 

The company uses its proprietary high-temperature metal bipolar plate technology and high-temperature membrane electrode mass production process to produce high-temperature proton exchange membrane fuel cells. This cell allows for lower requirements for hydrogen purity, thus enabling low-cost fuel cell applications. The company's battery products are mainly used in mobile applications such as delivery vehicles and emergency backup power.

The company will use the funding raised in March 2023 for the construction and R&D investment of the intermediate test production line for high-temperature proton exchange membrane fuel cell core devices.

## Funding rounds

- Angel, May 24, 2023 — Hina Group, Albatross Venture
- Angel, Mar 28, 2023, $1.5M — Albatross Venture, Puhua Capital

## Investors

- Albatross Venture (https://capitalatlas.ai/funds/albatross-venture) — Angel
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Angel
- Hina Group (https://capitalatlas.ai/funds/hina-group) — Angel