About Zhejiang Tianneng New Materials
Zhejiang Tianneng New Materials is a company based in Huzhou (China) founded in 2018.. Zhejiang Tianneng New Materials has raised $138.08 million across 1 funding round from investors including CICC, China National Building Material and Puhua Capital. Zhejiang Tianneng New Materials operates in a competitive market with competitors including Li Industries, Altilium, POEN, Circu Li-Ion and Novocycle, among others.
- Headquarter Huzhou, China
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Sectors
Energy & UtilitiesEnvironment
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$138.08 M (USD)
in 1 rounds
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Latest Funding Round
$138.08 M (USD), Series A
Aug 27, 2023
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Investors
CICC
& 3 more
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Employee Count
Employee Count
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Funding Insights of Zhejiang Tianneng New Materials
Zhejiang Tianneng New Materials has successfully raised a total of $138.08M through 1 strategic funding round. The most recent funding activity was a Series A round of $138.08 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $138.1M
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First Round
First Round
(27 Aug 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - Zhejiang Tianneng New Materials | Valuation | Puhua Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zhejiang Tianneng New Materials
Zhejiang Tianneng New Materials has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include CICC, China National Building Material and Puhua Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Health and technology startups are invested in by Puhua Capital.
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Founded Year | Domain | Location | |
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Shareholding building materials company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zhejiang Tianneng New Materials
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zhejiang Tianneng New Materials
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zhejiang Tianneng New Materials Comparisons
Competitors of Zhejiang Tianneng New Materials
Zhejiang Tianneng New Materials operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Li Industries, Altilium, POEN, Circu Li-Ion and Novocycle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion battery recycling
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| domain | founded_year | HQ Location |
Recycled EV battery materials are developed for automotive applications.
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| domain | founded_year | HQ Location |
Batteries are manufactured through reuse of discarded and used materials.
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| domain | founded_year | HQ Location |
Provider of the upcycling process to extract and diagnose lithiumion battery cells
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| domain | founded_year | HQ Location |
Battery recycling technologies are developed for lithium-ion energy storage.
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| domain | founded_year | HQ Location |
Recycling solution for discarded batteries
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zhejiang Tianneng New Materials
Frequently Asked Questions about Zhejiang Tianneng New Materials
When was Zhejiang Tianneng New Materials founded?
Zhejiang Tianneng New Materials was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Zhejiang Tianneng New Materials located?
Zhejiang Tianneng New Materials is headquartered in Huzhou, China. It is registered at Huzhou, Zhejiang, China.
Is Zhejiang Tianneng New Materials a funded company?
Zhejiang Tianneng New Materials is a funded company, having raised a total of $138.08M across 1 funding round to date. The company's 1st funding round was a Series A of $138.08M, raised on Aug 27, 2023.
What does Zhejiang Tianneng New Materials do?
Zhejiang Tianneng New Materials was established in 2018 in Huzhou, China, within the battery recycling sector. Solutions for automating battery processes, sorting intelligently, and treating electrolytes harmlessly are provided. Used lithium batteries are handled through safe recycling methods, with options for utilization, repair, or remanufacturing. Operations focus on sustainable material recovery in the new materials industry.
Who are the top competitors of Zhejiang Tianneng New Materials?
Zhejiang Tianneng New Materials's top competitors include Li Industries, Altilium and POEN.
Who are Zhejiang Tianneng New Materials's investors?
Zhejiang Tianneng New Materials has 4 investors. Key investors include CICC, China National Building Material, Puhua Capital, and Zhejiang Fuzhe Capital Management.