# Hongyuan New Energy

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

- Industry: Materials
- Headquarters: Changsha, China
- Latest round: Angel (Jan 30, 2024)
- Investors on record: 1

## About

Established in 2023 and based in Changsha, China, Hongyuan New Energy operates as a battery materials developer dedicated to providing lithium battery, sodium battery phosphate cathode material. The team members graduated from Central South University and other universities and have worked in Contemporary Amperex Technology Co., Limited and other new energy companies. In January 2024, it closed angel funding from returning investor Kylinhall Partners.

The company focuses on the research and development of phosphate cathode materials for lithium batteries and sodium batteries. Hongyuan New Energy also provides technical solutions for materials such as lithium iron manganese phosphate.

The company will complete the construction of a thousand-ton production line and achieve small-scale mass production in 2024.

## Funding rounds

- Angel, Jan 30, 2024 — Kylinhall Partners

## Investors

- Kylinhall Partners (https://capitalatlas.ai/funds/kylinhall-partners) — Angel