# KEYKING RECYCLING

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/keyking-recycling

- Industry: Energy Storage & Batteries
- Headquarters: Hengyang, China
- Website: www.keykingtech.com
- Latest round: Series B (Dec 8, 2022)
- Investors on record: 12

## About

Based in Hengyang, China, and established in 2016, KEYKING RECYCLING is a new energy company that engages in the collection and processing, and recycling of lithium batteries and lithium waste materials, R&D, and production of lithium battery materials. It has production bases, covering 300 mu. And it also has R&D centres, covering 1,000 square meters. As of December 2022, it has 14 licensed patents and 30 invention patents. 

KEYKING RECYCLING engages in the collection and processing of batteries, including consumer electronics batteries, power batteries used in vehicles, and lithium batteries-related waste material collection. It also sells battery raw materials, including lithium carbonate, lithium salt, Lithium hydroxide, and related lithium battery materials. It handles 12,000 tons of waste lithium-ion batteries and waste materials, 8,200 tons of primary lithium salt, 5,000 tons of lithium carbonate, and 800 tons of lithium hydroxide monohydrate annually.

## Funding rounds

- Series B, Dec 8, 2022 — Fortune Capital, Donghua Automotive Industrial, Hunan Shengli Investment, Hengxu Capital, SS Capital, Wanxiang One Two Three Co., Ltd., Shang Qi Capital
- Series A, May 10, 2022 — SS Capital, Jiangsu Linyang Energy Co.,Ltd., Shanghai Zhida Investment
- Series A, May 10, 2022 — Infinity Group, GIG Capital Management Group, CITIC New Future Investment

## Investors

- SS Capital (https://capitalatlas.ai/funds/ss-capital) — Series A, Series B
- Jiangsu Linyang Energy Co.,Ltd. — Series A
- Shanghai Zhida Investment — Series A
- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series A
- GIG Capital Management Group — Series A
- CITIC New Future Investment (https://capitalatlas.ai/funds/citic-new-future-investment) — Series A
- Fortune Capital — Series B
- Donghua Automotive Industrial — Series B
- Hunan Shengli Investment — Series B
- Hengxu Capital (https://capitalatlas.ai/funds/hengxu-capital) — Series B
- Wanxiang One Two Three Co., Ltd. — Series B
- Shang Qi Capital (https://capitalatlas.ai/funds/shang-qi-capital) — Series B