# Hengtron

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

- Industry: Energy Storage & Batteries
- Headquarters: Yancheng, China
- Website: www.hengtron.com
- Total disclosed funding: $14M
- Latest round: Series A (Apr 12, 2024)
- Investors on record: 4

## About

Established in 2022 and based in Yancheng, China, Jiangsu Hengtron Nanotech Co., Ltd., dba Hengtron, the company's founding team consists of former executives and research and development staff from global companies such as GE and Dow Chemical, and the Chairman, Dr. Yan Zhang, graduated from the National University of Singapore with a PhD from the Institute of Microelectronics in Singapore. The company owns core global patents on lithium manganese iron phosphate and other battery materials bought out from Dow Chemical; these patents include the core rights to the Mn/Fe components and dopant materials underlying LMFP. In March 2026, Hengtron raised Series B funding.

The company is mainly engaged in the research and development of new lithium battery materials, including the first launched lithium manganese iron phosphate cathode material, etc., which is the mainstream cathode material for power batteries. The company's core products will be widely used in new energy vehicles, two-wheeled electric vehicles and energy storage systems.

The company’s revenue is generated by selling lithium-ion batteries as well as core materials.

## Funding rounds

- Series A, Apr 12, 2024, $14M — GF Xinde Investment, Skyworth, Shanghai SEARI Private Equity Investment  Management, Jiangsu Huanghai Huichuang Fund Management

## Investors

- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series A
- Skyworth (https://capitalatlas.ai/funds/skyworth) — Series A
- Shanghai SEARI Private Equity Investment  Management (https://capitalatlas.ai/funds/shanghai-seari-private-equity-investment-management) — Series A
- Jiangsu Huanghai Huichuang Fund Management (https://capitalatlas.ai/funds/jiangsu-huanghai-huichuang-fund-management) — Series A