# Ocell New Energy Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ocell-new-energy-technology-co

- Industry: Energy Storage & Batteries
- Headquarters: Yichang, China
- Website: www.ocelltech.com
- Total disclosed funding: $15M
- Latest round: Series D (Aug 8, 2015)
- Investors on record: 5

## About

Established in 2008 and based in Yichang, China, Ocell New Energy Technology Co., Ltd. operates as a lithium-ion battery R&D and manufacturing company dedicated to providing lithium-ion battery. It has a factory in Shenzhen. The company acquired certifications such as ISO9001, ISO14001, and ISO45001, and has obtained over 50 patents. In August 2015, the company raised CNY 30 million in series D funding from new investor Chushang Group and returning investor Shenzhen Pengde Venture Capital. In April 2016, Ocell New Energy Technology Co., Ltd. was listed on the New Third Board.

The company mainly provides lithium-ion battery. It provides lithium iron phosphate (positive electrode material), battery cells, backup power supplies and other energy storage product materials. Ocell also provides lithium-ion battery customization service.

The company generates revenue by providing lithium-ion battery and lithium-ion battery customization service.

## Funding rounds

- Series D, Aug 8, 2015, $4.8M — Pengde Capital, Chushang Group
- Series C, Jan 13, 2011, $6.8M — Good Insight Venture Capital, Huagong Venture Capital, Pengde Capital
- Series B, Jul 8, 2010, $3M — Shenzhen Capital Real Estate Fund
- Series A, Nov 8, 2009, $0.7M — Good Insight Venture Capital

## Investors

- Good Insight Venture Capital (https://capitalatlas.ai/funds/good-insight-venture-capital) — Series A, Series C
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- Huagong Venture Capital (https://capitalatlas.ai/funds/huagong-venture-capital) — Series C
- Pengde Capital (https://capitalatlas.ai/funds/pengde-capital) — Series C, Series D
- Chushang Group (https://capitalatlas.ai/funds/chushang-group) — Series D