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Shanghai Tangfeng Energy Technology
A company developing green energy to create a better future
About Shanghai Tangfeng Energy Technology
Shanghai Tangfeng Energy Technology Co., Ltd. is a specialized firm focused on the hydrogen energy sector, established in July 2017. The company's operations encompass the entire lifecycle of fuel cell membrane electrode assemblies (MEAs), including research and development, manufacturing, testing, and sales. Its primary objective is to facilitate the commercial application of low-cost, high-performance, and long-life fuel cells.
The company was founded by Professor Zhang Junliang, who also serves as the Chairman and Chief Scientist. With over two decades of experience in the hydrogen energy field, Zhang brings deep technical expertise to the firm. His academic and professional journey includes earning bachelor's and master's degrees from Shanghai Jiao Tong University, a Ph.D. from Stony Brook University in the US, and postdoctoral research at Brookhaven National Laboratory. Before establishing Tangfeng Energy, he was a research scientist at General Motors. This extensive background in fuel cell research underpins the company's technical foundation. The operational team is further strengthened by professionals with experience from major automotive manufacturers like SAIC and Shanghai GM.
The core of Tangfeng Energy's business is the production of MEAs, which are critical components in fuel cells, acting as the site where hydrogen is converted into electricity. These components represent a significant portion of a fuel cell stack's cost, often exceeding 60%. The company serves as a key supplier to domestic and international mainstream fuel cell stack and system manufacturers. A primary focus for the company is the development of low-platinum MEAs to address the high costs associated with the use of platinum as a catalyst, a major barrier to the widespread adoption of fuel cell vehicles. The firm has developed proprietary processes, including CCM (Catalyst Coated Membrane) coating and automated roll-to-roll MEA packaging, to enhance production efficiency and precision.
Tangfeng Energy offers a range of products including fuel cell membrane electrodes, catalysts, and MEAs for PEM (Proton Exchange Membrane) water electrolysis. Their low-platinum MEAs are designed to have a platinum loading of less than 0.25gPt/kW while maintaining high power density and durability, having passed 10,000-hour life validations. The company has successfully raised significant capital through multiple funding rounds, including a Series C round of nearly 300 million RMB in early 2023, to fund further research and development and upgrade its production lines. By the end of 2022, the company had sold nearly two million MEA products and supplied close to 6,000 fuel cell stack systems.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- China
- Employees
- 2
- Open positions
- None listed
- Dealroom signal
- 25.0/100
- Sub-industry
- Clean Energy
- Sector
- Energy, Hydrogen, Spinout, Sustainable Development Goals, Climate Tech, Electrolysis, Fuel Cell, Green Hydrogen, Hydrogen Production, DT and LS, science-based
- Technology
- Hardware, Deep Tech
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Jan 2023 | $41M | $165M | Hillhouse Capital · GP Capital · EBI Investment · Everest Venture Capital | ↗ |
| SERIES B✓Equity / VC | Sep 2021 | $0 | — | Luminous Ventures · Jinpu Investment · GP Capital · Kinzon Capital | — |
Growth signals
Latest recorded traffic for Shanghai Tangfeng Energy Technology is 190 monthly website visits, up 280% over the last three months. Shanghai Tangfeng Energy Technology's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
- SCShenzhen Venture Capital
Luminous Ventures- JIJinpu Investment
- GCGP Capital
Kinzon Capital
Everest Venture Capital
Series B and later7 investors entered at this stage
Hillhouse Capital- EIEBI Investment
- FIFrontier Investment
- DMDongfeng Asset Management
BOSC International- SIShique Investment
- SCShaanxi Coal Qinling Science and Technology Venture Capital
Other known investors2 additional known investors
Shanghai Jiao Tong University
Lightspeed Venture Partners
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Shanghai Tangfeng Energy 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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