# Dongdao

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

- Industry: Energy Storage & Batteries
- Headquarters: Zhanjiang, China
- Website: www.ddxny.com.cn/
- Total disclosed funding: $46M
- Latest round: Series C (Aug 27, 2021)
- Investors on record: 5

## About

Established in 2011 and based in Zhanjiang, China, Dongdao is a new energy material developer that provides lithium battery anode materials and precursors, recarburizers. The company built an artificial graphite production line and engineering center in 2016.

The company focuses on the research and development of lithium-ion power battery anode material. The company provides lithium-ion power battery material. The company provides its products for many enterprises such as Contemporary Amperex Technology Co., Limited and Eve Energy Co., Ltd.

Following the funding in 2021, the company plans to use the investment for the company's business, market promotion, graphitization process expansion, and the research and development and upgrade of new silicon-carbon materials.

## Funding rounds

- Series C, Aug 27, 2021, $46M — Harvest Capital, Wens Capital, Qianhai Ark Capital, Zhonghuan Investment, Jinhongsheng Investment

## Investors

- Harvest Capital — Series C
- Wens Capital (https://capitalatlas.ai/funds/wens-capital) — Series C
- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series C
- Zhonghuan Investment — Series C
- Jinhongsheng Investment — Series C