Solid New Material

Solid New Material

Advanced solid-state lithium battery core materials developer.

HQ location
Shenzhen, China
Launch date
Enterprise value
$110—165m
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CNY200m

Series A
Total Funding000k
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Shenzhen Solid New Material Technology Co., Ltd. is a high-tech enterprise established in November 2019, specializing in the research and development, production, and sales of core materials for next-generation lithium batteries. The company's main focus is on silicon-based anode materials, including a full range of silicon-carbon and silicon-oxygen products, and solid electrolytes. These materials are critical for high-energy-density batteries used in electric vehicles, consumer electronics, and the low-altitude economy.

The company's core personnel have extensive experience in the new energy and new materials industries. Solid New Material has addressed significant challenges in the application of silicon-carbon anodes, such as material expansion and stability issues, which has paved the way for larger-scale use. Their silicon-based products have already been shipped in bulk, and the company is also developing materials for semi-solid and all-solid-state battery systems.

Solid New Material has seen significant growth and investment. The company's research into silicon-based anodes began in 2013, six years before its official founding. It has completed multiple funding rounds, including a Series A round that raised several hundred million yuan to be used for R&D, the construction of production lines, and as working capital. Investors include prominent institutions like Three Gorges Capital Holdings, TopoScend Capital, and China Capital Management. The company has established a production capacity of hundreds of tonnes for its silicon-carbon anode materials and is planning a thousand-tonne production line. Additionally, a pilot production line for tonne-scale solid electrolytes is undergoing supply testing with several leading customers.

Keywords: solid-state batteries, lithium battery materials, silicon-carbon anode, solid electrolytes, silicon-oxygen anode, battery technology, new energy materials, electric vehicles, consumer electronics, energy storage

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