# Green Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/green-energy

- Industry: Energy Storage & Batteries
- Headquarters: Shuozhou, China
- Total disclosed funding: $35M
- Latest round: Series A (Jun 30, 2023)
- Investors on record: 11

## About

Based in Shuozhou, China and founded in 2020, Green Energy operates as a comprehensive energy storage solution provider, focusing on research and development of liquid flow battery energy storage technology and production of high-end ion membrane for liquid flow battery and hydrogen fuel cell. The company has obtained 30 international and domestic patents. The company has cooperated with Shanghai Electric (Group), Goldwind Science & Technology, and other enterprises. In the end of the November 2021, the company completed the construction of 10MW/40MWh vanadium liquid flow battery energy storage production line. In June 2023, it raised approximately CNY 200 million in series A funding from new investors Chengmei Capital, Longhua Qifu Investment, NewMargin Ventures, Shanghai Tielin Investment Holding Co., Ltd., Yuanneng Capital, and Zhengwei Capital.


The core products of the company are all-vanadium liquid flow energy storage battery products and perfluoro-ionic membrane. The fully fluorinated ion exchange membrane developed by the company is suitable for energy storage liquid flow battery, electrolytic water hydrogen production, hydrogen fuel cell and other products. The company has 2 fully automated ion membrane production lines, each with an annual capacity of 40,000 square meters.

## Funding rounds

- Series A, Jun 30, 2023, $28M — NewMargin Ventures, Chengmei Capital, Shanxi Securities Investment, Shanghai Tielin Investment Holding Co., Ltd., Zhengwei Capital, Yuanneng Capital
- Angel, Aug 8, 2022, $7.4M — TusStar, Qiandao Investment Fund Management, Shuimu Qinghua Capital, Innoangel Fund, Hainan Linge Venture Capital Co., Ltd

## Investors

- TusStar (https://capitalatlas.ai/funds/tusstar) — Angel
- Qiandao Investment Fund Management (https://capitalatlas.ai/funds/qiandao-investment-fund-management) — Angel
- Shuimu Qinghua Capital (https://capitalatlas.ai/funds/shuimu-qinghua-capital) — Angel
- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel
- Hainan Linge Venture Capital Co., Ltd — Angel
- NewMargin Ventures (https://capitalatlas.ai/funds/newmargin-ventures) — Series A
- Chengmei Capital (https://capitalatlas.ai/funds/chengmei-capital) — Series A
- Shanxi Securities Investment (https://capitalatlas.ai/funds/shanxi-securities-investment) — Series A
- Shanghai Tielin Investment Holding Co., Ltd. — Series A
- Zhengwei Capital — Series A
- Yuanneng Capital — Series A