China's Xinjie Energy raises $100M Series B for solid-state batteries
What's the deal? Shenzhen Xinjie Energy Technology has raised more than $100 million in a Series B round led by Puhua CapitalDealroom has a profile for this one. Try Dealroom →. The company develops lithium-metal solid-state batteries.
Where's the money going? Xinjie plans to fund mass production and delivery of its lithium-metal solid-state batteries, expand its research team, and add a 3GWh production line for high-energy, high-safety solid-state cells.
Why now? The new line is expected to come online from late 2026 through early 2027, positioning the company to scale output as demand for next-generation batteries grows.
The signal: At over $100 million, the round ranks among the largest Series B deals for a China-based company, sitting in the top 5% of roughly 4,800 comparable rounds. That scale underlines investor appetite for solid-state battery technology, seen as a key step beyond today's lithium-ion cells.
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Read more: Jiemian News
