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Keyking Recycling

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An information technology firm that develops a digital recycling platform that rewards consumers for recycling

ChinaFounded 2016Energy
Valuation $100–250M Last recorded · 2022
Total funding $10–50M Disclosed equity funding
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About Keyking Recycling

Hunan Keyking Recycling Technology Co., Ltd., established in 2016, operates in the lithium battery industry, specifically focusing on the disposal and recycling of wasted lithium batteries and related materials. The company has carved a niche for itself by specializing in the purification of crude lithium salt and the research, development, manufacturing, and sales of lithium compounds and other lithium battery-related products.

The company's business model revolves around the recycling of lithium batteries, a critical component in the growing electric vehicle and renewable energy sectors. By recycling these batteries, Keyking not only contributes to environmental sustainability but also taps into a lucrative market of repurposing valuable materials.

Keyking's clients are likely to be companies in the renewable energy and electric vehicle sectors that require lithium batteries and related products. The company's operations are based in the Wangcheng Economic Development Zone, where it recently commenced the construction of the Keyking Recycling Power Battery High-end Material Industry Park. This project, which represents an investment of 8 billion, is expected to strengthen the advanced energy storage material industry chain in the region and drive global, high-end, and intelligent development in this industry.

In terms of revenue, Keyking makes money by selling the recycled materials and the lithium, nickel, cobalt, and manganese compounds it produces. The company's innovative approach and specialization in a growing market, backed by 35 authorized patents, position it well for future growth.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
China
Open positions
None listed
Dealroom signal
20.3/100
Sub-industry
Energy Storage, Waste Solution
Sector
Energy, Recycling, Lithium-Ion Batteries, Battery, Waste Reduction, Sustainable Development Goals, EV Battery Recycling, EV Battery, Climate Tech, Circular Economy
Technology
Hardware
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Dec 2022 $28M $110M Shang Qi Capital · Wanxiang No. 123 · Hengxu Capital · Dachen Caizhi ↗
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Growth signals

Keyking Recycling website traffic

Latest recorded traffic for Keyking Recycling is 440 monthly website visits, down 4.3% over the last three months.

Latest monthly visits440 3-month web change-4.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • Shang Qi Capital
  • Wanxiang No. 123
  • Hengxu Capital
  • Dachen Caizhi
  • SAIF Investment Fund
  • Shengli
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Key operators Hidden — book a demo quality score
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Keyking Recycling on X, ranked by likes and reposts, corporate channels excluded.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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