# Fujian Keda New Energy Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fujian-keda-new-energy-technology

- Industry: Materials
- Headquarters: Sanming, China
- Total disclosed funding: $111M
- Latest round: Series B (Jan 19, 2023)
- Investors on record: 2

## About

Based in Sanming, China, and established in 2017, Fujian Keda New Energy Technology is a new energy technology company that provides artificial graphite negative electrode material for storage energy products. It was incubated by KEDA INDUSTRIAL GROUP CO., LTD., a listed company. And, it has two subsidiaries in Chongqing and Anhui. Its first phase project with a production capacity of 4,000 tons of graphitization annually and 10,000 tons of artificial graphite annually, has been completed. And it is building the second phase project with 50,000 tons of artificial graphite annually. 

Fujian Keda New Energy Technology provides artificial graphite negative electrode material, which enables reached 12,000 cycles in the battery cell. Its core product, KD-1, is used in centralized storage cell products. And its KD-4A is used for home energy storage scenarios and portable energy storage scenarios. Moreover, it also layout the silicon-oxygen negative electrode materials used in the power batteries.

The company will establish a three-phase project with 50,000 tons of artificial graphite materials in Chongqing.

## Funding rounds

- Series B, Jan 19, 2023, $111M — Capital Development Investment Fund, Fenghe Capital

## Investors

- Capital Development Investment Fund (https://capitalatlas.ai/funds/capital-development-investment-fund) — Series B
- Fenghe Capital — Series B