# Liuyuan

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/liuyuan

- Industry: Materials
- Headquarters: Shanghai, China
- Latest round: Angel (Jul 8, 2024)
- Investors on record: 2

## About

Established in 2023 and based in Shanghai, China, Liuyuan is a company that develops vulcanized polyacrylonitrile materials and applies them to batteries. The company is based on the transformation of scientific research results from Shanghai Jiaotong University, focusing on the development of battery cathode materials without the limitation of transition metal resources. In July 2024, the company closed a round of angel funding.

The company focuses on the development of vulcanized polyacrylonitrile materials and their use in the development of sulfur-based batteries (i.e., the material is used as the positive electrode of the battery). The company uses sulfur and acrylonitrile as major chemical raw materials to produce sulfurized polyacrylonitrile, and is also focusing on the development of solid-phase-to-solid-phase battery conversion reaction mechanisms.

The company generates revenues through the development of sulfurized polyacrylonitrile battery cathode materials.

The company will use the angel funding raised in July 2024 to support the technology amplification and validation of the pilot line of sulfurized polyacrylonitrile cathode materials, as well as the development of new sulfur-based battery systems.

## Funding rounds

- Angel, Jul 8, 2024 — Casstar Capital, Gezhi Capital

## Investors

- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Angel
- Gezhi Capital — Angel