Hisun Series A Funding
Hisun, an industry leader in lithium-ion battery electrolytes, announced today that it has closed $15.1 million in a Series A investment round. Series A investors include SCG, DFD, Yuanzhi XianXing, Zhibo Capital, and Qingdao Xiwang NO.1.
Founded in 2016, Hisun is a high-tech corporation integrated with R&D, design, production, and sales of electrolytes applied in lithium-ion batteries. After nearly 8 years of rapid development, it has become one of the most competitive corporations in the new energy material industry. Its products are widely applied in 3C batteries, tools batteries, electric vehicle batteries, and energy storage.
He currently possesses 4 advanced and fully equipped plants distributed all over China, which in total contribute to a capability of 35,000 tons per year. Furthermore, the facilities are able to expand their capability to 120,000 tons per year if completely put into production. He built its R&D center in Hunan, dedicating to its comprehensive research on lithium to improve the performance of batteries， as well as the development of silicon-carbon negative electrodes and lithium iron phosphate.
“For the past few years, Hisun has been efficiently and rapidly responded to the market with good quality products at competitive rates. In the future, Hisun will further optimize the technique and equipment in order to maintain competitiveness. Moreover, Hisun will continuously invest in R&D for better lithium-ion battery material to innovate and motivate the process of a sustainable environment,” said Hisun’s founder and CEO Jihong Huang.
Shuping Zou, Director of SCG of Central China, states that new energy is one of the most important industries that SCG has invested in. The electrolyte is the blood of lithium-ion batteries. Hisun’s founder Jihong Huang, as a female entrepreneur, has an extremely high reputation in the material industry as well as an excellent team. SCG has great confidence in Hisun and will accompany its development into a great corporation.
Yunfeng Li, manager of DFD, said that Hisun will develop hand in hand. He could count on DFD’s core technology advantage and supply chain advantage and DFD could rely on Hisun’s market resources and scale to expand its business.
Jiangyong Li, CEO of Zhibo Capital, said that Jihong Huang has deep insight into the material, rich network resources, and a great reputation in the industry. Her strong ability to manage the supply chain and her comprehensive understanding of the market convinces us that Hisun has immeasurable potential for success.