# LionGo New Energy

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

- Industry: Energy Storage & Batteries
- Headquarters: Liyang, China
- Website: www.liongo.com.cn
- Total disclosed funding: $44M
- Latest round: Series B (Nov 10, 2025)
- Investors on record: 11

## About

Established in 2021 and based in Liyang, China, LionGo New Energy operates as an electrolyte materials R & D and manufacturer that focuses on solid state battery manufacturing field. Lifei Li, the founder of the company, graduated from the Institute of Physics, Chinese Academy of Sciences. Jiangsu LionGo New Energy Technology Co., Ltd., LionGo (Huzhou) New Energy Technology Co., Ltd. and LionGo (Zibo) New Energy Technology Co., Ltd. are the subsidiaries of the company. In June 2023, the firm raised over CNY 100 million in series A+ funding co-led by new investor Hidden Hill Capital and returning investor ZJU Jiuzhi Investment Management. Other new investors GRC, Imperial Prime Minister's Mansion, and Jiangsu Su Holdings also participated in the round. The round was part of a larger CNY 300 million series A funding. In November 2025, LionGo New Energy raised an undisclosed amount of series B funding from new investor Suining Industrial Investment Group Co., Ltd. and returning investor ZJU Jiuzhi Investment Management.

The company provides electrolyte solution for many fields, such as consumer electronics, electric vehicles and scale energy storage. The business of the company includes solid electrolyte materials and sodium battery electrolytes production.

The company generates revenue from supplying solid state electrolytes, hybrid solid-liquid electrolytes, lithium-ion liquid electrolytes and sodium-ion liquid electrolytes materials.

The company will use the latest funding for the industrialization of all-solid-state battery electrolyte materials, with the construction of a thousand-ton-level intelligent production line expected to be completed by 2027.

## Funding rounds

- Series B, Nov 10, 2025 — Jiuzhi Capital, Suining Industrial Investment Group Co., Ltd.
- Series A, Jun 8, 2023, $14M — GLP Capital Partners, GRC, Jiuzhi Capital, Jiangsu Sukong Group, Imperial Prime Minister's Mansion
- Series A, Apr 26, 2022, $30M — CAS Venture Capital, Oceanpine Capital, Jiuzhi Capital
- Angel, Oct 22, 2021 — Zhongguancun Venture Capital, Oceanpine Capital, Beijing WeLion New Energy Technology Co., Ltd., Jiangsu Xiangzhang Venture Capital Management Co., Ltd.

## Investors

- Zhongguancun Venture Capital (https://capitalatlas.ai/funds/zhongguancun-venture-capital) — Angel
- Oceanpine Capital (https://capitalatlas.ai/funds/oceanpine-capital) — Angel, Series A
- Beijing WeLion New Energy Technology Co., Ltd. — Angel
- Jiangsu Xiangzhang Venture Capital Management Co., Ltd. — Angel
- CAS Venture Capital (https://capitalatlas.ai/funds/cas-venture-capital) — Series A
- Jiuzhi Capital (https://capitalatlas.ai/funds/jiuzhi-capital) — Series A, Series B
- GLP Capital Partners (https://capitalatlas.ai/funds/glp-capital-partners) — Series A
- GRC (https://capitalatlas.ai/funds/grc) — Series A
- Jiangsu Sukong Group — Series A
- Imperial Prime Minister's Mansion — Series A
- Suining Industrial Investment Group Co., Ltd. — Series B