# Time Energy Storage

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/time-energy-storage

- Industry: Energy Storage & Batteries
- Headquarters: Suqian, China
- Website: www.energydefender.cn
- Total disclosed funding: $14M
- Latest round: Series A (Oct 23, 2023)
- Investors on record: 4

## About

Established in 2021 and based in Suqian, China, Time Energy Storage is an energy storage technology company that develops liquid flow energy storage batteries and their accessories. The company is invested and built by Liantuo Holdings, and has established cooperative R&D relationships with the University of Science and Technology of China, Xi'an Jiaotong University, etc. In November 2021, the company's 5GWh aqueous organic liquid current battery project began construction. In January, the company closed a round of venture funding. 

The company mainly develops and produces aqueous organic flow batteries, ion exchange membranes and other products. The company's aqueous organic flow battery uses water-soluble organic compounds as the energy storage material, through the electrode gain and loss of electrons to complete the mutual conversion of chemical energy and electrical energy, can be achieved through the chemical modification of the electroactive material to regulate the battery's energy density, voltage, cycle life and so on. Specific products include modules such as stacks and batteries, anion-exchange membranes, and carbon felts.

The company generates revenue by providing energy-storage products, customized energy-storage system solutions, and after - sales maintenance services.

## Funding rounds

- Series A, Oct 23, 2023, $14M — Suqian Industry Development Group, Coastal Capital, GL Ventures, Suzhou Capital Group

## Investors

- Suqian Industry Development Group — Series A
- Coastal Capital (https://capitalatlas.ai/funds/coastal-capital) — Series A
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series A
- Suzhou Capital Group — Series A