On April 17, sodium-ion battery cathode material producer Beijing Hedian Technology completed the delivery of its Series B financing of nearly 100 million yuan, with this round invested by Suining Industrial Investment. The funds will be used for core technology development, capacity enhancement, and market expansion to accelerate the industrialisation of the sodium-ion battery industry.
Hedian Technology was established in August 2022, led technically by Professor Chen Jitao of Peking University. Its core team comes from the automotive and new energy industry chain, and the company has completed two rounds of financing totalling nearly 100 million yuan. The company focuses on sodium-ion battery cathode materials, with construction completed on a kt-level production line. It has laid out routes including polyanion and Prussian blue, with products compatible with energy storage and light-duty motive power applications.
