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Ruilong Technology

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A company offering battery recycling services to respond to large-scale industrial utilization

ChinaFounded 2016Energy
Valuation $100–250M Last recorded · 2023
Total funding $10–50M Disclosed equity funding
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About Ruilong Technology

Established in 2016, Ruilong Technology has positioned itself as a key enterprise in the battery recycling sector from its headquarters in Ganzhou, China. The company's core mission is to advance the large-scale industrial utilization of decommissioned automotive power and digital batteries through integrated recycling services.

Ruilong Technology operates a comprehensive business model that includes the design, engineering, and supply of equipment, alongside providing technical services for battery recycling projects. The firm's operations are substantial, with four factories in Jiangxi Province enabling an annual processing capacity of 100,000 tons of waste batteries. Through its proprietary processes, the company recovers valuable battery-grade materials. Its production output includes significant quantities of lithium carbonate, cobalt sulfate, and nickel sulfate annually. This dual focus on service provision and material production allows it to serve the broader new energy industry.

The company's primary service involves a sophisticated hydrometallurgy and electrified crushing technology. This process is designed for the efficient dismantling and recycling of waste batteries, aiming for high recovery rates of essential elements like cobalt, nickel, and lithium while maintaining low operational costs. The business generates revenue through the sale of these recycled battery-grade materials and by providing its specialized recycling systems and technical packages to clients in the environmental services and clean-tech industries.

Strategic investments from notable venture capital firms, including Xiaomi Ventures, Midea Capital, and NIO Capital, underscore the market's confidence in Ruilong's approach and technological capabilities. These partnerships provide the financial backing for its continued expansion and process optimization within the critical field of sustainable energy resources.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
China
Open positions
None listed
Dealroom signal
19.3/100
Industry
Energy
Sub-industry
Energy Storage, Waste Solution
Sector
Energy, Sustainable Development Goals, EV Battery Recycling, EV Battery, Climate Tech, Circular Economy, Hard Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2023 $28M $110M Midea Capital · Hanhui Capital · Industry Capital · Weilai Capital ↗
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Investments and acquisitions

Capital deployed

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

Investors

4 investors on the cap table

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

Series A4 investors entered at this stage

  • Weilai Capital
  • Midea Capital
  • Hanhui Capital
  • Industry Capital
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
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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 Ruilong Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

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

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