# Shanghai LifenGas Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-lifengas-co

- Industry: Industrial Machinery
- Headquarters: Shanghai, China
- Website: www.shlianfeng.cn
- Total disclosed funding: $27M
- Latest round: Series B (Nov 13, 2023)
- Investors on record: 7

## About

Founded in 2015 and based in Shanghai, China, Shanghai Lianfeng is an energy technology company that focuses on the manufacture of gas separation and purification equipment in the field of energy saving and environmental protection. It has cooperated with Tsinghua University and Shanghai Research Institute of Environmental Science and Technology. It has acquired a special equipment license and environmental, and quality management system certification certificates. The R&D Center was established in 2020. The Yantai Branch office was set up in 2023. In November 2024, Shanghai Lianfeng closed a strategic investment by new investor CETC Fund. In December 2024, the firm raised CNY 100 million in venture funding.

The company's main products include energy-efficient cryogenic air separation units, argon recovery units with high recovery rates, helium recovery units, etc. Its products are used in photovoltaic, steel, chemical, coal chemical, and other industries.

The company generates revenue by developing the production of gas separation and purification equipment.

The company will use the funding for advancing the development of semiconductor, new materials, advanced manufacturing and other markets and deepening cooperation with large central and state-owned enterprises.

## Funding rounds

- Series B, Nov 13, 2023, $27M — China Aerospace Investment Holdings, Harvest Capital, TH Capital
- Series A, Jun 28, 2023 — Addor Capital, Prosperity Investment, SparkEdge Capital
- Series A, Jan 5, 2023 — SparkEdge Capital, New Intelligence Investment

## Investors

- SparkEdge Capital (https://capitalatlas.ai/funds/sparkedge-capital) — Series A
- New Intelligence Investment (https://capitalatlas.ai/funds/new-intelligence-investment) — Series A
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series A
- Prosperity Investment — Series A
- China Aerospace Investment Holdings (https://capitalatlas.ai/funds/china-aerospace-investment-holdings) — Series B
- Harvest Capital — Series B
- TH Capital (https://capitalatlas.ai/funds/th-capital) — Series B