# Reliance

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

- Industry: Energy Storage & Batteries
- Headquarters: Changzhou, China
- Website: www.reliance-battery.com
- Latest round: Series A (Mar 5, 2026)
- Investors on record: 2

## About

Based in Changzhou, China and founded in 2021, Jiangsu Reliance Energy Tech. Co., Ltd., trading under the name Reliance, provides advanced lithium batteries for the electronics industry. The firm was established to manufacture tabless cylindrical battery cells and solutions. The CEO and founder is Maggie Chen. In March 2026, the firm closed series A funding led by IDG Capital.

The company works with enterprise clients in the electric vehicle, renewable energy, and consumer electronics sectors to provide customized battery solutions. Product offerings include 5.0Ah and 6.0Ah 21700 tabless cylindrical lithium batteries, 46 series battery cells, and energy storage systems. 

The company generates revenue from the direct sale of customized battery products and solutions to industrial and enterprise clients. 

The company plans to use the series A funding to advance the technology iteration of its full tab cylindrical batteries, expand production capacity and develop global market presence.

## Funding rounds

- Series A, Mar 5, 2026 — IDG Capital, Changzhou Gaoxintou Venture

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- Changzhou Gaoxintou Venture (https://capitalatlas.ai/funds/changzhou-gaoxintou-venture) — Series A