# Suzhou Hydrogine Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suzhou-hydrogine-technology-co

- Industry: Energy Storage & Batteries
- Headquarters: Suzhou, China
- Website: www.hydrogine.cn
- Latest round: Series C (Oct 29, 2021)
- Investors on record: 3

## About

Established in 2016 and based in Suzhou, China, Suzhou Qingdong Power Technology operates as a hydrogen fuel cell manufacturer that provides hydrogen fuel cells for vehicles. The company developed its first catalyst and membrane electrode products in 2017, and put into operation the first membrane electrode production line in China with its self-developed roll-to-roll direct coating method in February 2019. The company has four R&D and production centers in Suzhou, Changshu, Shanghai and Henan. In addition, the company has three class 10,000 dust-free constant temperature and humidity workshops, two fully automatic membrane electrode direct coating lines and two membrane electrode encapsulation lines, and the annual capacity of MEA can reach 2 million pieces.

The company's main business is research, development and production of hydrogen fuel cell core component membrane electrode products. In addition, this company also provides customers with products such as membrane electrodes for vehicles and air-cooled membrane electrodes. The products are widely used in commercial vehicles, buses, Bus Rapid Transit (BRT), heavy trucks, drones and forklifts.

## Funding rounds

- Series C, Oct 29, 2021 — Guangzhou Development District City Development Fund
- Angel, Mar 29, 2017 — Dixi Capital, Shanghai Zhengyue Enterprise Management

## Investors

- Dixi Capital (https://capitalatlas.ai/funds/dixi-capital) — Angel
- Shanghai Zhengyue Enterprise Management — Angel
- Guangzhou Development District City Development Fund (https://capitalatlas.ai/funds/guangzhou-development-district-city-development-fund) — Series C