# Guangdong Rongna New Energy Technology

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

- Industry: Materials
- Headquarters: Guangzhou, China
- Website: www.rongnahc.com
- Latest round: Series A (Nov 10, 2023)
- Investors on record: 4

## About

Established in 2022 and based in Guangzhou, China, Guangdong Rongna New Energy Technology is a battery material R&D company that focuses on the development and production of sodium ion battery hard carbon cathode material. It has built 10,000 tons of precursor production line and 2,000 tons of high-temperature carbonization line. A branch office was set up in Fujian. Yang Chenghao, one of the founders of the company, is a professor at South China University of Technology, with 15 years of experience in research and development of lithium or sodium ion batteries, anode and cathode material preparation. In November 2023, it raised series A funding.

Guangdong Rongna New Energy Technology's main product is sodium electronegative material, which is made from plant-based biomass. Products within include RN7-C1, RN10-C1, RN7-B1. The products can be used in the fields such as 5G base station, backup power supply, grid-side energy storage, and user-side energy storage.

The company will use the funding for the construction of 2000 tons of high temperature carbonization mass production line.

## Funding rounds

- Series A, Nov 10, 2023 — CoStone Capital, Bridge Capital, Tianjin Jinglu Management Consulting
- Angel, Mar 16, 2023 — FountainBridge Capital

## Investors

- FountainBridge Capital (https://capitalatlas.ai/funds/fountainbridge-capital) — Angel
- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series A
- Bridge Capital (https://capitalatlas.ai/funds/bridge-capital) — Series A
- Tianjin Jinglu Management Consulting — Series A