Shanghai (Gasgoo)- Yangzhou Nanopore Innovative Materials Technology Co., Ltd. (Nanopore), a leading Chinese supplier of new energy materials, has successfully closed its Series A+ funding round, raising nearly 1 billion yuan for the company. The announcement was made by Nanopore via its WeChat account on January 27.
The funding round was spearheaded by Temasek, with existing shareholders including China Capital Investment Group, Chobe Capital, and Glory Ventures also participating. Additionally, Nanopore attracted renowned international investors such as Oppenheimer, TPC Group, and Beyond Ventures.
Photo credit: Nanopore
Established in 2021, Nanopore specializes in the research and development, as well as production, of advanced composite current collectors. The company’s product portfolio includes composite copper foil, composite aluminum foil, and nano-coated current collectors. These materials are known for their cost efficiency, enhanced safety features, and improved battery energy density, making them popular choices in the new energy vehicle, energy storage battery, and emerging consumer electronics industries. Notably, Nanopore’s products have significantly contributed to the high energy density and safety performance of electric vehicle batteries.
In April 2023, Nanopore initiated its Phase II project in Yangzhou city, Jiangsu province, with a planned investment of 11.2 billion yuan. The project aims to establish a new energy materials industrial park focused on producing next-generation battery current collector materials. With an anticipated annual output of 5 billion square meters of atomically deposited aluminum, atomically deposited copper, and nano-coated current collectors, the facility is poised to meet the growing demand for battery materials in the electric vehicle sector and beyond. Nanopore has reported that the construction of the Phase II project is nearing completion and is set to commence operations soon.
