# Li-Fun Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/li-fun-technology

- Industry: Energy Storage & Batteries
- Headquarters: Zhuzhou, China
- Latest round: Series B (Aug 23, 2023)
- Investors on record: 4

## About

Based in Zhuzhou, China, and established in 2013, Li-Fun Technology is a new energy technology company that provides sodium-ion and lithium-ion batteries. The company has more than 1,000 employees.  And it has more than 100 patents. In 2017, its battery obtained international certifications. In 2018, it became one of the suppliers of Kyocera Corporation in Japan. In 2019, it became one of the suppliers of the ZT. In 2020, its lithium-ion battery R&D and production bases started to be established. In August 2023, Li-Fun Technology raised series B+ funding from new investors Malion New Materials Co.,Ltd, Qianhai Ark Asset Management, Shenzhen Ace Battery Co.,Ltd, and Zhuoyu Capital.

Its products can be divided into consumer electronic application batteries and storage energy application batteries. The consumer electronic application batteries include high energy density batteries, high-temperature batteries, ultra-low temperature batteries, ultrathin batteries, and rapid charge batteries.  The storage energy application batteries include industrial energy storage batteries, household energy storage batteries, and electronic vehicle application batteries. 

The company plans to establish the second phase of the new factory.

## Funding rounds

- Series B, Aug 23, 2023 — Qianhai Ark Capital, Zhuoyu Capital, Malion New Materials Co.,Ltd, Shenzhen Ace Battery Co.,Ltd

## Investors

- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series B
- Zhuoyu Capital (https://capitalatlas.ai/funds/zhuoyu-capital) — Series B
- Malion New Materials Co.,Ltd — Series B
- Shenzhen Ace Battery Co.,Ltd — Series B