Hithium

Energy Storage & BatteriesSeries CXiamen, Chinahithium.com

Latest round

Series C

Last raised

Jul 2023

Total raised

$901M

Investors

22

About Hithium

Established in 2019 and based in Xiamen, China, Hithium is an energy storage battery product development company, specializing in the development and production of core battery materials, energy storage batteries, etc. The company is incubated in the 10 billion key projects introduced in Xiamen, and is also a national high-tech enterprise. It's R&D team comes from the field of electrochemical energy storage, while the company insists on investing more than 6% of its annual sales revenue in R&D and innovation activities. The company's products are mainly energy storage batteries, which are divided into square batteries, cylindrical batteries, battery modules and battery clusters, of which the capacity of the batteries ranges from 50Ah to 320Ah. The company's battery series products are mainly used in the fields of power generation side energy storage, grid side energy storage and user energy storage, providing dynamic capacity expansion for transmission hubs and helping users to reduce electricity costs. The company expects to reach 135GWh annual capacity target by 2025.

Who invested in Hithium

22 investors across 2 rounds

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Funding rounds

  1. Series C

    Jul 5, 2023

    Amount

    $623M

    Investors

    Locked

  2. Series B

    Oct 18, 2022

    Amount

    $278M

    Investors

    Locked

Questions about Hithium

Who invested in Hithium?

Hithium has 22 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Hithium raised?

Hithium has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Hithium last raise money?

Hithium's most recent round on record is a Series C, in Jul 2023.

What does Hithium do?

Established in 2019 and based in Xiamen, China, Hithium is an energy storage battery product development company, specializing in the development and production of core battery materials, energy storage batteries, etc.

Where is Hithium headquartered?

Hithium is headquartered in Xiamen, China.

Which VCs invest in companies like Hithium?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back energy storage & batteries companies at Hithium's stage. Their profiles are linked below.

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